| Sales growth – YTD<\/th>\n | Sales 19 weeks<\/th>\n | Comp Sales 19 weeks<\/th>\n | Total Sales vs 2019<\/th>\n<\/tr>\n | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Continuing Operations SA<\/td>\n | +1.6%<\/em><\/td>\n| +4.4%<\/em><\/td>\n | +3.1%<\/em><\/td>\n<\/tr>\n | Continuing Operations ex- SA<\/td>\n | -0.6%<\/em><\/td>\n | -0.6%<\/em><\/td>\n | -9.5%<\/em><\/td>\n<\/tr>\n | Total – Continuing Operations<\/td>\n | +1.4%<\/td>\n | +3.9%<\/td>\n | +1.8%<\/td>\n<\/tr>\n | Total Group<\/td>\n | -0.2%<\/td>\n | +2.3%<\/td>\n | -5.0%<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n | For Makro, total sales for the 19 weeks increased by 6.7% over the same prior-year period, with comparable stores sales increasing by 9.7%.<\/p>\n Massmart said that while food and liquor sales have performed well, sales relating to general merchandise, specifically in Makro, declined on the prior-year period as cash strapped consumers focused their spending more toward non-durable items<\/strong>.<\/p>\n “Compared to the same period in 2019, sales in Makro increased by 6%, indicative of the impact the pandemic had on our Makro customers.”<\/p>\n In Builders, total sales decreased by 3.9% over the prior year on the back of an exceptionally strong base in 2021, with comparable stores sales decreasing by 3.4%.<\/p>\n “However, Builders sales outpaced industry-wide sales reported in the hardware, paint and glass sector as measured by the latest Stats SA data release, suggesting that Builders is gaining market share,” it said.<\/p>\n Trade sales continue to be challenged by the slow recovery of the commercial construction industry, whilst general home improvement market growth is slowing compared to the exceptionally strong Covid-19 induced growth of the last 24-month period, said Massmart. Compared to the same period in 2019, total sales in Builders grew by 5.9%.<\/p>\n Game was impacted by softer general merchandise sales, as the pressure on disposable income resulted in consumers shifting their spending in favour of non-discretionary items<\/strong>, the group said.<\/p>\n Total sales decreased by 3.7%, with comparable stores sales coming in 0.9% lower on the same period last year. Total sales in Game\u2019s stores in South Africa declined by 1.8%, with comparable stores sales increasing by 2.0%.<\/p>\n “Encouragingly, we are seeing consistently positive sales performance trends, both as a result of increased customer traffic, larger basket sizes and the positive impact of our store relay and light remodel programme,” Massmart said.<\/p>\n |
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