Franchising.net.au:
2010 is proving to be a successful year for The Athlete’s Foot franchise network, with like-for-like sales growth of 9.7 per cent for the year to date to the end of April.
The latest ASX announcement from RCG, the parent company of the 142-strong footwear network, also predicts that like-for-like sales for May 2010 will be close to last year’s 25 per cent – a figure boosted by the stimulus payments made by the Rudd government.
The second half of the financial year saw particularly impressive sales results for the company, with like-for-like growth of 11.3 per cent for the fourth months to April 2010.