Highlights of the day: 2 September

FinMeUp highlights of the day

South Africa

Truworths International Limited- Results for the 53 weeks ended 3 July 2022, dividend declaration

• Sale of merchandise grew 9.1% to R17.9 billion.
• Retail sales increased 9.0% to R18.5 billion.
• Gross margin increased to 53.5% from 51% in June 2021.
• Profit before finance costs and tax grew 45.4% to R4.4 billion.
• Operating margin grew to 24.7% from 18.5%.
• EPS grew 65.4% to 794.1 cents per share.
• The company repurchased R1.6 billion on share repurchases.
• The directors of the company declared a gross cash dividend of 205 cents per share, to be paid on Monday 26 September 2022.

Stadio Holdings Limited- Dealings in securities

• An Independent Non-Executive Director purchased 70 000 shares for a total value of R255 579.16.

The U.S.

GameStop

• A GameStop movie is currently in the works called "Dumb money"
• Seth Rogan, Pete Davidson, Paul Dano, and Sebastian Stan will all star in the movie.
• It is set to begin filming this month.

Ark Invest

• Cathie Woods Ark Invest bought 448.3K shares of Nvidia today.

Toyota

• Toyota US sales for August:
• 169,629 total vehicles down 9.8% YoY.
• 37,899 EPVs down 25% YoY.

Berkshire Hathaways

• Warren Buffetts Berkshire Hathaway filed for its sale of 1.72 million more shares of BYD Company ADR.
• Berkshire now owns 18.87% of BYD down from 19.02%.

Biggest winners and losers

JSE

• Motus +10.10%
• Aspen -3.66%

U.S.

• Adobe +1.0%
• Meta -1.51%

Crypto

• Bitcoin +2.3%
• Ethereum +5.2%
• Polkadot +7.3%