The Foschini Group reported HEPS down 33.5% to 675.4c for FY2026. Revenue increased 7.2% to the year, while group sales grew 7.1%, with TFG Africa like for like sales up 3.5%. Earnings were impacted by weaker second half trading, lower gross margins, negative operating leverage and brand impairments in the UK and Australia. The final dividend was cut 39.1% to 140.0c.
Click here to read the SENS