Famous Brands expects first-half EPS to fall 13%-33%
Bitget2026/10/15 05:08- Famous Brands expects EPS of 157-205 cents for the six months ended August 31, 2026, down 13%-33%.
- Headline EPS is forecast at 205-252 cents, ranging from a 13% decline to 7% growth versus 236 cents a year earlier.
- A R 40.9 million goodwill impairment on Botswana's Retail Group drove the expected EPS decline; excluding it, EPS would be 199-247 cents.
- The group plans to sell a 21% interest in Retail Group, reducing its holding from 51% to 30% to limit operating-loss exposure.
- Completion is expected in fiscal 2027, subject to regulatory approvals and other conditions; master licence fees will continue.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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