UPDATE 1-Massmart says 26-week sales up 13.2 pct

Date : 01/08/2009 @ 9:19AM
Source : TFN
Stock : Massmart (MSM)
Quote : 46.7  0.8 (1.74%) @ 12:57PM
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UPDATE 1-Massmart says 26-week sales up 13.2 pct

        JOHANNESBURG, Jan 8 (Reuters) - South African discount retailer Massmart
Holdings Ltd reported a 13.2 percent increase in 26-week sales to 22.8 billion
rand ($2.38 billion), helped by inflation and new stores. 
       The company said comparable store sales for the 26 weeks to Dec. 28
increased by 11.9 percent, with 12-month rolling inflation estimated at 9.9
percent. 
     (Reporting by Rebecca Harrison) (For full Reuters Africa coverage and to
have your say on the top issues, visit: http://africa.reuters.com)     
($1=9.598 Rand)  
(rebecca.harrison@thomsonreuters.com; +27 11 775 3160; Reuters Messaging:
rebecca.harrison.reuters.com@reuters.net)

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