Ankündigung • Jan 23
Truworths International Limited Provides Group Earnings Guidance for the 26-Week Period Ended 28 December 2025 Truworths International Limited provided group earnings guidance for the 26-week period ended 28 December 2025. for the period, the company expects EPS of 489 cents to 499 cents. Ankündigung • Jan 19
Allan Gray Proprietary Limited acquired an unknown minority stake in Truworths International Limited (JSE:TRU). Allan Gray Proprietary Limited acquired an unknown minority stake in Truworths International Limited (JSE:TRU) on January 19, 2026.
Allan Gray Proprietary Limited completed the acquisition of an unknown minority stake in Truworths International Limited (JSE:TRU) on January 19, 2026. Ankündigung • Nov 06
Truworths International Limited to Report First Half, 2026 Results on Feb 26, 2026 Truworths International Limited announced that they will report first half, 2026 results on Feb 26, 2026 Ankündigung • Sep 30
Truworths International Limited, Annual General Meeting, Nov 06, 2025 Truworths International Limited, Annual General Meeting, Nov 06, 2025. Ankündigung • Aug 13
Truworths International Limited to Report Fiscal Year 2025 Results on Aug 28, 2025 Truworths International Limited announced that they will report fiscal year 2025 results on Aug 28, 2025 Ankündigung • Feb 27
Truworths International Limited Declares Interim Gross Cash Dividend from Retained Earnings in Respect of the 26-Week Period Ended 29 December 2024, Payable on 24 March 2025 Truworths International Limited have resolved to declare an interim gross cash dividend from retained earnings in respect of the 26-week period ended 29 December 2024 in the amount of 317 South African cents (Dec 2023: 332 South African cents) per ordinary share to shareholders reflected in the company's register on the record date, being 20 March 2025. The last day to trade in the company's shares cum dividend is 17 March 2025. Consequently, no dematerialization or rematerialisation of the company's shares may take place over the period from 18 March 2025 to 20 March 2025, both days inclusive. Trading in the company's shares ex dividend will commence on 18 March 2025. The dividend is scheduled to be paid in South African Rand (ZAR) on 24 March 2025. Ankündigung • Oct 01
Truworths International Limited, Annual General Meeting, Nov 07, 2024 Truworths International Limited, Annual General Meeting, Nov 07, 2024. Declared Dividend • Sep 15
Final dividend reduced to R1.97 Dividend of R1.97 is 20% lower than last year. Ex-date: 2nd October 2024 Payment date: 7th October 2024 Dividend yield will be 5.7%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (1% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has increased by an average of 4.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 10% over the next 2 years. However, it would need to fall by 99% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Sep 13
Full year 2024 earnings released: EPS: R10.47 (vs R8.89 in FY 2023) Full year 2024 results: EPS: R10.47 (up from R8.89 in FY 2023). Revenue: R20.7b (up 3.9% from FY 2023). Net income: R3.89b (up 19% from FY 2023). Profit margin: 19% (up from 17% in FY 2023). Revenue is forecast to grow 7.5% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Specialty Retail industry in Africa. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 19% per year. Ankündigung • Aug 30
Truworths International Limited to Report Fiscal Year 2024 Results on Sep 12, 2024 Truworths International Limited announced that they will report fiscal year 2024 results on Sep 12, 2024 Upcoming Dividend • Mar 12
Upcoming dividend of R3.32 per share Eligible shareholders must have bought the stock before 19 March 2024. Payment date: 25 March 2024. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 7.1%. Lower than top quartile of Namibian dividend payers (11%). Higher than average of industry peers (4.4%). Reported Earnings • Mar 05
First half 2024 earnings released: EPS: R5.32 (vs R5.10 in 1H 2023) First half 2024 results: EPS: R5.32 (up from R5.10 in 1H 2023). Revenue: R11.8b (up 8.5% from 1H 2023). Net income: R1.97b (up 4.9% from 1H 2023). Profit margin: 17% (in line with 1H 2023). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Specialty Retail industry in Africa. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Declared Dividend • Mar 03
First half dividend of R3.32 announced Shareholders will receive a dividend of R3.32. Ex-date: 19th March 2024 Payment date: 25th March 2024 Dividend yield will be 7.4%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (62% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 3.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 4.4% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Feb 29
Truworths International Limited Declares Cash Dividend for the 26 Weeks Ended 31 December 2023, Payable on 25 March 2024 The directors of Truworths International Limited have resolved to declare an interim gross cash dividend from retained earnings in respect of the 26-week period ended 31 December 2023 in the amount of 332 South African cents (Dec 2022: 320 South African cents) per ordinary share toshareholders reflected in the company's register on the record date, being 22 March 2024. The last day to trade in the company's shares cum dividend is 18 March 2024. Consequently, no dematerialisation or rematerialisation of the company's shares may take place over the periodfrom 19 March 2024 to 22 March 2024, both days inclusive. Trading in the company's shares ex dividend will commence on 19 March 2024. The dividend is scheduled to be paid in South African Rand (ZAR) on 25 March 2024. Ankündigung • Jan 30
Truworths International Limited to Report First Half, 2024 Results on Feb 29, 2024 Truworths International Limited announced that they will report first half, 2024 results on Feb 29, 2024 Ankündigung • Jan 29
Truworths International Limited Provides Earnings Guidance for the 26 Weeks to 31 December 2023 Truworths International Limited provided earnings guidance for the 26 weeks to 31 December 2023. For the period, the group estimates its earnings per share to eb in the range of ZAR 515 - ZAR 535 which is going to be an estimated increase of 1% - 5%. New Risk • Nov 28
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (R70m sold). Ankündigung • Nov 10
Truworths International Limited to Report First Half, 2024 Results on Feb 29, 2024 Truworths International Limited announced that they will report first half, 2024 results on Feb 29, 2024 New Risk • Nov 09
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 3.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.0% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (4.0% average weekly change). Significant insider selling over the past 3 months (R70m sold). Recent Insider Transactions • Nov 02
CEO & Executive Director recently sold R16m worth of stock On the 30th of October, Michael Mark sold around 225k shares on-market at roughly R73.15 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth R37m. Michael has been a net seller over the last 12 months, reducing personal holdings by R53m. Ankündigung • Oct 17
Ninety One SA (Pty) Ltd. acquired unknown minority stake in Truworths International Limited (JSE:TRU). Ninety One SA (Pty) Ltd. acquired unknown minority stake in Truworths International Limited (JSE:TRU) on October 16, 2023. Following the acquisition, Ninety One now holds 5.0395% of the issued ordinary shares of the company.Ninety One SA (Pty) Ltd. completed the acquisition of unknown minority stake in Truworths International Limited (JSE:TRU) on October 16, 2023. Recent Insider Transactions • Oct 08
CEO & Executive Director recently sold R37m worth of stock On the 3rd of October, Michael Mark sold around 487k shares on-market at roughly R75.38 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Michael's only on-market trade for the last 12 months. Upcoming Dividend • Sep 13
Upcoming dividend of R2.45 per share at 7.6% yield Eligible shareholders must have bought the stock before 20 September 2023. Payment date: 26 September 2023. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 7.6%. Lower than top quartile of Namibian dividend payers (12%). Higher than average of industry peers (5.2%). Ankündigung • Sep 02
Truworths International Limited Declares Final Gross Cash Dividend for 52-Week Period Ended 2 July 2023, Payable on 26 September 2023 Truworths International Limited announced that the directors of the company have resolved to declare a final gross cash dividend from retained earnings in respect of the 52-week period ended 2 July 2023 in the amount of 245 South African cents (2022: 205 South African cents) per ordinary share to shareholders reflected in the company's register on the record date, being 22 September 2023. The last day to trade in the company's shares cum dividend is 19 September 2023. Consequently no dematerialisation or rematerialisation of the company's shares may take place over the period from 20 September 2023 to 22 September 2023, both days inclusive. Trading in the company's shares ex dividend will commence on 20 September 2023. The dividend is scheduled to be paid in South African Rand (ZAR) on 26 September 2023. Reported Earnings • Sep 01
Full year 2023 earnings released: EPS: R8.89 (vs R7.94 in FY 2022) Full year 2023 results: EPS: R8.89 (up from R7.94 in FY 2022). Revenue: R19.9b (up 11% from FY 2022). Net income: R3.28b (up 7.3% from FY 2022). Profit margin: 17% (in line with FY 2022). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Specialty Retail industry in Africa. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Ankündigung • Aug 25
Truworths International Limited Announces Board Appointments Truworths International Limited announced that Mr. Wayne Muller, who has been an independent non-executive director of the Company since 1 August 2023, has been appointed as a member of the Company's Remuneration Committee and Nomination Committee. Mr. Hans Hawinkels, who has been an independent non-executive director of the Company since 22 February 2018, and who is chairman of its Remuneration Committee and a member of its Nomination Committee, has been appointed as lead independent director of the board. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to R68.93, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Specialty Retail industry in Africa. Total returns to shareholders of 168% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at R41.04 per share. Ankündigung • Jul 14
Truworths International Limited Announces Changes to the Board Truworths International Limited announced, in compliance with paragraph 3.59 of the Listings Requirements of the JSE, the appointment of Mr. Wayne Muller and Ms Daphne Motsepe as independent non- executive directors of the company, with effect from 1 August 2023. Muller (57) has bachelor's degrees in commerce and accountancy, is a qualified chartered accountant and has a post qualifying management development programme qualification. He has extensive experience in a variety of retail service and manufacturing industries. He has had various roles as chief executive officer, chief operating officer and chief financial officer, and has had vast stakeholder engagement involvement at board level in customer facing businesses. Motsepe (66) has bachelor's degrees in law and commerce and has a master's degree in business administration. She has extensive experience in the banking industry, both in the public and the private sector, ranging from micro finance to business loans, credit cards and unsecured lending. She has had involvement in various senior roles, including as managing director managing executive, executive director and regional general manager during her career. She is currently a non-executive director, and board committee chairman or member, of another JSE listed retailing company and has served in the past as a non-executive director on a number of other company boards and their committees. She also represents a black owned investment company as a director on the boards of its private investee companies. The board announced that Maya Makanjee has given notice of her intention not to stand for re-election as an independent non-executive director of the company, at the company's annual general meeting scheduled for 2 November 2023 ("AGM"), and will accordingly retire from the board at the AGM. Ms Makanjee has been an independent non-executive director since February 2018, and has served as a member of the company's Social and Ethics Committee since September 2019. Recent Insider Transactions • Apr 06
Insider recently sold R1.5m worth of stock On the 31st of March, Sean Furlong sold around 27k shares on-market at roughly R53.45 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of R2.5m more than they bought in the last 12 months. Upcoming Dividend • Mar 08
Upcoming dividend of R3.20 per share at 8.8% yield Eligible shareholders must have bought the stock before 15 March 2023. Payment date: 20 March 2023. Payout ratio is a comfortable 62% but the company is paying out more than the cash it is generating. Trailing yield: 8.8%. Lower than top quartile of Namibian dividend payers (13%). Higher than average of industry peers (5.1%). Ankündigung • Jan 26
Truworths International Limited to Report First Half, 2023 Results on Feb 23, 2023 Truworths International Limited announced that they will report first half, 2023 results on Feb 23, 2023 Ankündigung • Oct 01
Truworths International Limited, Annual General Meeting, Nov 03, 2022 Truworths International Limited, Annual General Meeting, Nov 03, 2022, at 09:30 South Africa Standard Time. Agenda: To receive and adopt the Group and the company Audited Annual Financial Statements, which include the Directors' Report and the Audit Committee Report, for the period ended 3 July 2022; to consider election and re-election of Directors; to consider Directors' authority over unissued and treasury shares; to consider authority to acquire shares; and to consider other matters. Upcoming Dividend • Sep 14
Upcoming dividend of R2.05 per share Eligible shareholders must have bought the stock before 21 September 2022. Payment date: 26 September 2022. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 7.3%. Lower than top quartile of Namibian dividend payers (10%). Higher than average of industry peers (4.3%). Reported Earnings • Sep 04
Full year 2022 earnings released Full year 2022 results: Revenue: R17.9b (up 9.1% from FY 2021). Net income: R3.05b (up 56% from FY 2021). Profit margin: 17% (up from 12% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 1.4%, compared to a 9.0% growth forecast for the Specialty Retail industry in Africa. Ankündigung • Jun 23
Truworths International Limited Announces Resignation of Cindy Hess as Independent Non-Executive Director Truworths International Limited announced that Ms Cindy Hess, an independent non-executive director of the Company, has advised of her resignation with immediate effect in order to take up a full-time management position with another listed company with effect from 18 July 2022. Ms Hess joined the board of the company on 1 May 2019 and was appointed as a member of the Company's audit committee with effect from 1 January 2021. Ankündigung • Apr 26
Public Investment Corporation Limited acquired additional unknown stake in Truworths International Limited (JSE:TRU). Public Investment Corporation Limited acquired additional unknown stake in Truworths International Limited (JSE:TRU) on April 25, 2022. Post completion Public Investment Corporation Limited will hold 20.03% stake in Truworths International Limited.
Public Investment Corporation Limited completed the acquisition of additional unknown stake in Truworths International Limited (JSE:TRU) on April 25, 2022. Upcoming Dividend • Mar 02
Upcoming dividend of R3.00 per share Eligible shareholders must have bought the stock before 09 March 2022. Payment date: 14 March 2022. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 6.9%. Lower than top quartile of Namibian dividend payers (9.9%). Higher than average of industry peers (3.5%). Reported Earnings • Sep 03
Full year 2021 earnings released: EPS R4.80 (vs R1.33 loss in FY 2020) The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: R16.4b (flat on FY 2020). Net income: R1.95b (up R2.51b from FY 2020). Profit margin: 12% (up from net loss in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Ankündigung • Jul 20
Public Investment Corporation Limited acquired additional unknown stake in Truworths International Limited (JSE:TRU). Public Investment Corporation Limited acquired additional unknown stake in Truworths International Limited (JSE:TRU) on July 19. 2021. Public Investment Corporation Limited now holds 20.567% stake.
Public Investment Corporation Limited completed the acquisition additional unknown stake in Truworths International Limited (JSE:TRU) on July 19, 2021. Executive Departure • Jun 05
Merchandise Planning Director & Executive Director Douglas Dare has left the company On the 31st of May, Douglas Dare's tenure as Merchandise Planning Director & Executive Director ended. As of March 2021, Douglas still personally held 15.23k shares (R728k worth at the time). Douglas is the only executive to leave the company over the last 12 months. Recent Insider Transactions • Mar 05
Board Member recently sold R310k worth of stock On the 1st of March, Douglas Dare sold around 6k shares on-market at roughly R50.02 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of R1.1m more than they bought in the last 12 months. Upcoming Dividend • Mar 03
Upcoming Dividend of R2.32 Per Share Will be paid on the 15th of March to those who are registered shareholders by the 10th of March. The trailing yield of 5.6% is below the top quartile of Namibian dividend payers (7.5%), but it is higher than industry peers (3.7%). Reported Earnings • Feb 20
First half 2021 earnings released: EPS R3.10 (vs R3.65 in 1H 2020) The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: R9.37b (down 8.9% from 1H 2020). Net income: R1.28b (down 17% from 1H 2020). Profit margin: 14% (down from 15% in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 97% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 20
Revenue misses expectations Revenue missed analyst estimates by 2.2%. Over the next year, revenue is forecast to grow 7.3%, compared to a 5.4% growth forecast for the Specialty Retail industry in Africa. Ankündigung • Feb 20
Truworths International Limited Announces Chief Financial Officer Changes Truworths International Limited announced the resignation of Mr. David Pfaff, as the Group's Chief Financial Officer, with effect from February 28, 2021 and the board of directors of the company has appointed Mr. Hermanus Gideon (Reon) Smit, the current Truworths Limited Divisional Director of Finance, as the acting CFO with effect from March 1, 2021 until new CFO is permanently appointed. Is New 90 Day High Low • Feb 04
New 90-day high: R45.50 The company is up 26% from its price of R36.12 on 06 November 2020. The Namibian market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is R29.68 per share. Is New 90 Day High Low • Jan 18
New 90-day high: R41.50 The company is up 37% from its price of R30.30 on 21 October 2020. The Namibian market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is R26.90 per share. Ankündigung • Dec 19
An unknown client of Prudential Investment managers (South Africa) (Pty) Ltd acquired an unknown stake in Truworths International Limited (JSE:TRU). An unknown client of Prudential Investment managers (South Africa) (Pty) Ltd acquired an unknown stake in Truworths International Limited (JSE:TRU) on December 17, 2020. Post-acquisition, Prudential now holds 10.15% of the issued ordinary shares of Truworths International.
An unknown client of Prudential Investment managers (South Africa) (Pty) Ltd completed the acquisition of an unknown stake in Truworths International Limited (JSE:TRU) on December 17, 2020. Is New 90 Day High Low • Nov 10
New 90-day high: R37.85 The company is up 17% from its price of R32.37 on 12 August 2020. The Namibian market is down 15% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Specialty Retail industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is R22.69 per share. Ankündigung • Nov 06
Truworths International Limited to Report First Half, 2021 Results on Feb 18, 2021 Truworths International Limited announced that they will report first half, 2021 results on Feb 18, 2021 Is New 90 Day High Low • Oct 15
New 90-day low: R30.09 The company is down 6.0% from its price of R31.91 on 17 July 2020. The Namibian market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is R21.88 per share. 
