Massmart sales up 14.7% to R51.7bn

Massmart Holdings (MSM) advised on Tuesday that for the 44 weeks to 29 April 2012 its total sales were R51.7 billion, a growth of 14.7% over the prior period, and comparable store sales grew 8.9%. Inflation for the period is estimated at 1.4%. During the week of 2 July Massmart will release a sales update for the financial year to June 2012, it said. Source: I-Net Bridge