Solid capital allocation for Mr Price
Jun 25, 2021
3 minutes
By Zinhle Mayekiso
mr Price recently released solid financial results for the 53 weeks ended 3 April 2021. These results beat analyst expectations across most metrics. The company’s operational performance was driven by market share gains and a stronger second-half performance. We think the positive share price reaction was driven by the solid results and their newly outlined strategy during its earnings call, which was positively received by the market.
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