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Last $21.36 USD
Change Today 0.00 / 0.00%
Volume 0.0
As of 8:10 PM 07/27/15 All times are local (Market data is delayed by at least 15 minutes).

massmart hldgs ltd-unsp adr (MMRTY) Snapshot

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Day High
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52 Week High
01/26/15 - $30.20
52 Week Low
07/27/15 - $21.36
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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massmart hldgs ltd-unsp adr (MMRTY) Details

Massmart Holdings Limited operates as a retail and wholesale distributor in Africa. It operates through four divisions: Massdiscounters, Masswarehouse, Massbuild, and Masscash. The Massdiscounters division operates discount retail stores that offer general merchandise, and non-perishable and dry groceries for home, leisure, and business use under the Game name; and DionWired stores, which sell consumer electronics and appliances. The Masswarehouse division operates warehouse stores that sell general merchandise primarily to retail customers; and food and liquor to wholesale customers under the Makro brand name. The Massbuild division operates large DIY and home improvement stores under the Builders Warehouse brand; a chain of smaller neighbourhood home and garden improvement stores under the Builders Express and Builders Superstore brand; and a chain of building contractor outlets under the Builders Trade Depot brand. The Masscash division engages in the wholesale of food, liquor, groceries, and cosmetics; and operation of retail food outlets. This division operates CBW, Jumbo Cash and Carry, Trident, and Shield whilst stores. The company operates 392 stores in 12 countries in sub-Saharan Africa. Massmart Holdings Limited was founded in 1990 and is headquartered in Sandton, South Africa. Massmart Holdings Limited operates as a subsidiary of Wal-Mart Stores Inc.

47,209 Employees
Last Reported Date: 04/29/15
Founded in 1990

massmart hldgs ltd-unsp adr (MMRTY) Top Compensated Officers

Chief Executive Officer, Executive Director, ...
Total Annual Compensation: R10.4M
Compensation as of Fiscal Year 2014.

massmart hldgs ltd-unsp adr (MMRTY) Key Developments

Massmart Holdings Limited Reports Sales Results for the Twenty Six Weeks Ended June 28, 2015

Massmart Holdings Limited Reported sales results for the twenty six weeks ended June 28, 2015. For the period, the company's total sales increased to ZAR 38.9 billion, representing total growth of 9.0% over the prior comparable 26-week period, with estimated product inflation of 3.7%. Comparable store sales increased by 6.8%.

Massmart Holdings Limited Approves Amendment to Memorandum of Incorporation

Massmart Holdings Limited announced at AGM held on May 27, 205, the shareholders of the company approved the proposal to amend its Memorandum of Incorporation and adopt the consolidated revised Memorandum of Incorporation.

Massmart Holdings Limited Announces Executive Changes

Massmart Holdings Limited announced the resignation of Ilan Zwarenstein from his role as Massmart Finance Director, the Board also announced the appointment of Johannes (Hans) van Lierop as Chief Financial Officer (CFO) of Massmart with effect from 12 March 2015. Hans, age 48 years, is a Dutch national and qualified as a chartered accountant with Ernst & Young in the Netherlands in 1997. He joins Massmart from Bharti Airtel Africa in Kenya where he was CFO from 2011 to 2014. Hans will report to Massmart CEO, Guy Hayward.


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