June Weakness Drags Mr. Price (JSE: MRP) Share Price 17% – Can R200 Hold As Support?
Mr. Price Group posted a 6.3% rise in retail sales for the quarter, but weakness in June and a sliding share price have raised caution...
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Last updated: Saturday, July 26, 2025
Quick overview
- Mr. Price Group reported a 6.3% increase in retail sales for the quarter, totaling R9 billion, despite a 5.1% decline in June.
- The company's share price has fallen 16% this summer, closing at R201.93, raising concerns among investors.
- Segment performance was strong, with notable growth in Telecoms and Mr. Price Apparel, while dividends remained steady at R5.935 per share.
- Management cautioned about macroeconomic challenges that could impact consumer spending in the second half of the fiscal year.
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Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst.
Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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