Sales up 5% in the last four months

The Star Early Edition - - COMPANIES - – Staff Re­porter

HOLD­SPORT, the owner of the Sports­man’s Ware­house and Out­door Ware­house stores, says sales in the 4 months to De­cem­ber gained 5 per­cent. This is in com­par­i­son to com­peti­tor Mr Price, which – also yes­ter­day – said its sales in the three months to De­cem­ber only gained 0.4 per­cent, with in­fla­tion above 10 per­cent. Hold­sport’s gains seem to be as a re­sult of new store ad­di­tions, as com­pa­ra­ble stores lost 0.7 per­cent. To­tal sales at Sports­mans Ware­house in­creased 0.5 per­cent, Out­door Ware­house gained 8.4 per­cent, while the whole­sale divi­sion’s to­tal sales in­creased 46.7 per­cent and ex­ter­nal sales in­creased by 110.8 per­cent. The re­tail di­vi­sions ex­pe­ri­enced price in­fla­tion of about 8.5 per­cent for the period.

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