Page 134 - Profile's Stock Exchange Handbook - 2026 Issue 2

JSE - LEW Profile’s Stock Exchange Handbook: 2026 - Issue 2
Lewis Group Ltd. NUMBER OF EMPLOYEES: 10 826
DIRECTORS: Abrahams Prof F (ld ind ne),
Bodasing A (ind ne), Deegan B (ind ne),
ISIN: ZAE000058236 Motsepe D R (ind ne), Njikizana T H (ind ne),
SHORT: LEWIS Saven H (Chair, ind ne), Enslin J (CEO),
CODE: LEW Bestbier J (CFO)
REG NO: 2004/009817/06 POPULAR BRAND NAMES: Lewis, Best Home
FOUNDED: 1934 and Electric, Beares, UFO Furniture, Bedzone,
LISTED: 2004 Real Beds, Monarch Insurance
Scan the QR code to POSTAL ADDRESS: PO Box 43, Woodstock,
NATURE OF BUSINESS: visit our website Cape Town, 7915
Lewis Group is a leading EMAIL: graeme@tierlir.co.za
credit retailer of household WEBSITE: www.lewisgroup.co.za
furniture, electrical appliances and home electronics and has TELEPHONE: 021-460-4400
been listed on the JSE Ltd. since 2004 where it is classified COMPANY SECRETARY: Marisha Gibbons
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
under the General Retailers sector. The group has a branch SPONSOR: Standard Bank of SA Ltd.
network of 958 stores which includes stores across all major AUDITORS: EY Inc.
metropolitan areas as well as a strong presence in rural CALENDAR Expected Status
South Africa, with 145 stores in the neighbouring countries Next Final Results May 2026 Unconfirmed
of Botswana, Eswatini, Lesotho and Namibia. Annual General Meeting Oct 2026 Unconfirmed
The group operates the following primary brands: Next Interim Results Nov 2026 Unconfirmed
- Lewis, the country’s largest furniture chain and one of the CAPITAL STRUCTURE Authorised Issued
most recognisable brands in furniture retailing, focused LEW Ords 1c ea 150 000 000 52 159 288
primarily on the growing middle to lower income market in DISTRIBUTIONS [ZARc]
the living standards measurement (“LSM”) 4 to 7 categories. Ords 1c ea Ldt Pay Amt
- Best Home and Electric, selling appliances as well as Interim No 43 20 Jan 26 26 Jan 26 337.00
28 Jul 25
Final No 42
22 Jul 25
500.00
furniture ranges in the LSM 4 to 7 category. Interim No 41 21 Jan 25 27 Jan 25 300.00
- Beares, a long established brand focussing on the middle Final No 40 23 Jul 24 29 Jul 24 300.00
income market in the LSM 7 to 9 category. LIQUIDITY: Mar26 Avg 264 118 shares p.w., R21.3m(26.3% p.a.)
- UFO, a cash furniture retailer, with a value offering in the LEWIS 40 Week MA GERE
upper income spectrum being LSM 9 +. 10000
9000
- Bedzone, a specialist retailer of beds and mattresses 8000
targeting customers in the LSM 4 to 9 categories. 7000
6000
- Real Beds, a cash-focused specialised retailer of beds and 5000
mattresses targeting customers in the LSM 4 to 10 categories. 4000
Monarch Insurance, the group’s financial services subsidiary, 3000
provides optional micro insurance products to customers 2000
purchasing merchandise on credit. 2022 2023 2024 2025 2026 1000
SECTOR: ConsDiscr--Retail--Retailers--HomeImprovementRetailers RECENT ANNOUNCEMENTS
MAJOR ORDINARY SHAREHOLDERS as at 31 Mar 2025
Coronation Fund Managers (SA) 13.80% Tuesday, 27 January 2026: Lewis Group delivered a solid
Peresec Prime Brokers (SA) 8.63% performance for the nine months to December 2025, with
FINANCIAL STATISTICS total revenue increasing by 11.1%, driven by strong growth
(R million) Sep 25 Mar 25 Mar 24 Mar 23 Mar 22 in credit sales and other revenue, despite constrained
Interim Final Final Final(rst) Final discretionary consumer spending.
Turnover 4 845 9 288 8 184 7 456 7 256 Group merchandise sales grew by 7.1%. Credit sales
Op Inc 522 1 152 690 609 668 increased by 9.1%, accounting for 69.4% (Dec 2024: 68.2%)
NetIntPd(Rcvd) 114 205 138 98 24 of total sales. Cash sales increased by 2.8% for the nine
Tax 107 229 154 156 191 months.
Att Inc 320 755 436 411 483 Group merchandise sales for the third quarter to December
TotCompInc/Loss 313 771 425 422 486
Hline Erngs-CO 335 768 500 510 561 2025 increased by 7.8%, supported by strong Black Friday
Fixed Ass 484 467 442 426 396 sales across all brands, following growth of 8.9% and 4.6%
Right of Use Assets 867 848 794 760 747 for the first and second quarters respectively.
Inv & Loans 179 160 243 257 266 Comparable store sales grew by 4.3% for the nine-month
IntangileAssets&Goodwill 122 127 110 175 258 period and 4.9% for the third quarter.
Def Tax Asset 85 86 64 50 83 Other revenue, consisting of effective interest income and
RetirementBenefitAssets 118 119 109 107 110 ancillary services income as well as insurance revenue,
Tot Curr Ass 7 390 6 634 5 771 5 270 5 047 benefited from the strong credit sales in recent years,
Ord SH Int 5 112 5 078 4 703 4 693 4 717 increasing by 16.2% for the nine months and 15.2% for the
LT Liab 2 233 854 1 188 821 805
Tot Curr Liab 1 899 2 508 1 643 1 531 1 385 third quarter.
PER SHARE STATISTICS (cents per share) The collection rate remained resilient at a satisfactory
EPS (ZARc) 618.60 1 456.90 806.30 695.60 730.70 78.3% for the nine months (Dec 2024: 79.6%), consistent
HEPS-C (ZARc) 647.80 1 482.50 924.60 863.50 848.70 with the rate reported for the half year to September 2025.
DPS (ZARc) 337.00 800.00 500.00 413.00 413.00 Debtor costs grew by 14.8% for the nine-month period
NAV PS (ZARc) 9 823.00 9 864.00 8 891.00 8 220.00 7 527.00 and by 16.9% for the third quarter primarily driven by
3 Yr Beta 0.33 0.48 0.39 0.45 0.79 the growth in the debtors book and continued macro-
Price High 8 650 8 916 4 499 5 487 5 400 economic pressure on consumers.
Price Low 5 811 4 260 3 500 3 751 2 835 The group’s annual results for the year to 31 March 2026 are
Price Prd End 7 277 7 090 4 350 4 100 4 700 expected to be released on SENS on or about 28 May 2026.
RATIOS
Ret on SH Fnd 12.60 15.40 9.30 8.70 10.10
Ret On Tot Ass 12.40 15.00 10.00 9.20 10.40
Oper Pft Mgn 10.78 12.41 8.43 8.17 9.20
D:E 0.50 0.38 0.34 0.25 0.15
Current Ratio 3.89 2.65 3.51 3.44 3.64
Div Cover 1.84 1.82 1.61 1.68 1.77
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