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Pick N Pay Stores Ltd (PIKJ.J)

PIKJ.J on Johannesburg Stock Exchange

7,496.41ZAc
25 May 2018
Change (% chg)

-28.59 (-0.38%)
Prev Close
7,525.00
Open
7,525.00
Day's High
7,599.00
Day's Low
7,301.00
Volume
1,799,320
Avg. Vol
1,440,590
52-wk High
8,209.00
52-wk Low
5,460.00

Latest Key Developments (Source: Significant Developments)

Pick N Pay Stores Posts FY Diluted HEPS OF 271.61 Cents
Thursday, 19 Apr 2018 01:05am EDT 

April 19 (Reuters) - Pick N Pay Stores Ltd ::FY HEADLINE EARNINGS PER SHARE WERE UP 7.1% ON LAST YEAR, WITH DILUTED HEPS UP 7.7%.TURNOVER GROWTH FOR YEAR WAS UP 5.3% (LIKE-FOR-LIKE 2.2%) WITH LOWER ANNUAL SELLING PRICE INFLATION OF 2.2%.FY GROSS PROFIT MARGIN MAINTAINED AT 18.7%, WITH LOWER PRICES SUPPORTED BY BETTER BUYING AND STRONG DISCIPLINE ON COST.FY TURNOVER OF R81.6 BILLION VERSUS R77.5 BILLION YEAR AGO.FY DILUTED HEADLINE EARNINGS PER SHARE (DHEPS) OF 271.61 CENTS VERSUS 252.13 CENTS YEAR AGO.DECLARED A FINAL DIVIDEND OF 155.40 CENTS PER SHARE."WE ARE CHANGING TRAJECTORY OF PICK N PAY GROUP, AND WILL BUILD ON THIS MOMENTUM IN 2019".  Full Article

Pick n Pay Stores' HEPS up 13.1 pct in 26 weeks to Aug. 27
Tuesday, 17 Oct 2017 01:05am EDT 

Oct 17 (Reuters) - PICK N PAY STORES LTD ::‍INTERIM DIVIDEND OF 33.40 CENTS PER SHARE UP 11.7% ON PRIOR YEAR, IN LINE WITH GROWTH IN HEPS ON A NORMALISED BASIS​.‍NORMALISED DILUTED HEADLINE EARNINGS PER SHARE UP 13.1% TO 90.36 CENTS PER SHARE FOR 26 WEEKS ENDED AUG. 27 ​.‍GROUP TURNOVER INCREASED 5.1% TO R39.3 BILLION, WITH LIKE-FOR-LIKE TURNOVER GROWTH OF 1.8% FOR 26 WEEKS END AUG.27​.‍TRADING PROFIT UP 15.8% FROM R554.1 MILLION TO R641.5 MILLION FOR 26 WEEKS ENDED AUG. 27​.‍TRADING MARGIN IMPROVEMENT OF 0.1 PERCENTAGE POINT FROM 1.5% TO 1.6% FOR 26 WEEKS ENDED AUG. 27​.‍GROUP COMPLETED A COMPANY-WIDE VOLUNTARY SEVERANCE PROGRAMME ("VSP") IN PICK N PAY​.‍PROFIT BEFORE TAX WAS UP 22.3% FROM R103.7 MILLION TO R126.8 MILLION FOR 26 WEEKS ENDED 27 AUGUST 2017​.VOLUNTARY SEVERANCE ‍PROGRAMME ENABLED 10% OF ROLES AND FUNCTIONS TO BE REMOVED ACROSS PICK N PAY​.‍COST OF MAKING COMPENSATION PAYMENTS TO DEPARTING STAFF FELL WITHIN H1, EXPECTED TO BE RECOVERED IN FULL BY END OF FY.‍NET IMPACT OF VSP AMOUNTED TO R200.0 MILLION, BEFORE TAX, AND HAS HAD AN IMPACT ON EMPLOYEE COSTS UNDER TRADING EXPENSES​.  Full Article

Pick N Pay Stores says 26-week turnover grew 5.1 pct
Monday, 2 Oct 2017 08:00am EDT 

Oct 2 (Reuters) - PICK N PAY STORES LTD ::HEPS ‍FOR 26 WEEKS ENDED AUG 27 EXPECTED TO INCREASE 10 PCT-15 PCT ON A NORMALISED BASIS, EXCLUDING IMPACT OF VOLUNTARY SEVERANCE PROGRAMME​.FOR 26 WEEKS ENDED AUG 27, GROUP HEPS ‍EXPECTED TO DECREASE BETWEEN 20 PCT AND 25 PCT, INCLUDING IMPACT OF VSP​.‍DELIVERED TURNOVER GROWTH OF 5.1 PCT FOR THE 26 WEEKS ENDED 27 AUGUST 2017.  Full Article

Pick n Pay Stores says 26-wks EPS expected to be down more than 20 pct
Monday, 31 Jul 2017 02:27am EDT 

July 31 (Reuters) - Pick N Pay Stores Ltd :26-WKS GROUP EARNINGS PER SHARE EXPECTED TO BE DOWN MORE THAN 20%.GROUP HEPS FOR 26 WEEKS TO AUG.27 EXPECTED TO BE DOWN MORE THAN 20% (17 CENTS); 82.43 CENTS (26 WEEKS ENDED 28 AUGUST 2016).VOLUNTARY SEVERANCE PROGRAMME INITIATED IN PICK N PAY IN APRIL 2017 COMPLETE, REMOVING ABOUT 10% OF ROLES AND FUNCTIONS.  Full Article

Pick N Pay Stores sees FY HEPS to increase between 15 pct and 20 pct on prior year
Monday, 10 Apr 2017 08:00am EDT 

Pick N Pay Stores Ltd : FY headline earnings per share (HEPS) will increase between 15% and 20% on prior year .FY diluted HEPS will increase between 15% and 20% to be between 252.89 - 263.88 centsper share.  Full Article

BRIEF-Pick N Pay Stores Says Genesis Asset Managers Disposes 1.2 Pct Stake

* GENESIS ASSET MANAGERS, LLP DISPOSED OF SHARES IN CO, TOTAL STAKE REDUCED BY 1.2%, WITH ITS SHAREHOLDING NOW AMOUNTING TO 4.91% Source text for Eikon: Further company coverage: