The Lewis Group opened 58 new stores in its 2025 financial year, which was the highest number of shares ever that the group opened in one year. These included 36 new Real Beds outlets.
Lewis Group reported strong credit sales growth from its furniture, home appliance, and bedding stores, expanding margins, a good quality of debtor's portfolio, and 58 new stores opened during the year to March 31, 2026.
The results released Thursday appeared to be well received by the market, as Lewis’ share price increased 5.84% to R88.20 on the JSE in the morning. A year ago, the share was trading at R82.80.
Headline earnings increased by 18.4% to R909.4 million. The JSE-listed Southern Africa retail group increased its total dividend by 12.1% to 897 cents a share, and the return on equity strengthened further from 15.4% to 16.2%.
“The group continued to invest for longer-term growth by accelerating the expansion of its store footprint and growing the debtors’ book,” said CEO Johan Enslin, even as discretionary consumer spending remained constrained over the year.
