JOHANNESBURG - Value fashion retailer and homeware group Mr Price has flagged financial pressure on consumers and the impact of power cuts on the economy for lower sales.
Despite having a record sales growth of more than 36 percent in the last three months of last year, its share price dipped 10 percent on Friday.
The group says its newly-acquired Studio 88 and Yuppiechef helped lift revenue.
But it's warning that the rolling blackouts are untenable and weighing on its returns.