Mr Price Group Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Mr Price Group (JSE:MRP) Full Year 2024 Results

Key Financial Results

• Revenue: R37.6b (up 16% from FY 2023).
• Net income: R3.28b (up 5.3% from FY 2023).
• Profit margin: 8.7% (in line with FY 2023).
• EPS: R12.76 (up from R12.11 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Mr Price Group Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) missed analyst estimates by 2.4%.

Looking ahead, revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Specialty Retail industry in South Africa.

Performance of the South African Specialty Retail industry.

The company's shares are up 1.2% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Mr Price Group that you should be aware of.

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