Mr Price takes control of over 2,000 stores in 7 countries
Mr Price’s acquisition of NKD has massively expanded its store network, adding over 2,000 stores to its network.
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Mr Price’s acquisition of NKD has massively expanded its store network, adding over 2,000 stores to its network.
While the acquisition of NKD drew the ire of some Mr Price shareholders, the stock is still showing signs of life.
Mr Price has received regulatory approvals to acquire NKD amidst large pushback from investors.
PSG Wealth’s Fisokuhle Mbutho says Mr Price is an undervalued stock, with the retailer showing strong earnings growth.