The Foschini Group warns both earnings per share and headline earnings will fall more than 20% as weak UK and Australia sales drag down its 2026 results

Billionaires Africa | 22.03.2026 19:00
The Foschini Group has widened its profit warning for the financial year ending March 31, 2026, telling shareholders that both earnings per share and headline earnings per share are now expected to fall by more than 20%, as weak consumer conditions in the United Kingdom, Australia and South Africa continue to weigh on the group's results.