Stronger festive-season demand helped the Shoprite group deliver a 7.2% increase in sales from continuing operations over the 26 weeks ended 28 December 2025.
This translates into additional R9.2 billion in revenue compared to the same period last year.
The retail giant detailed its performance against a backdrop of very low internal selling price inflation, averaging 0.7% and moving into deflation over the festive season.
Read:
Shoprite defies market slowdown with R136.8bn sales surge
Retail review 2025: ‘It just wasn’t the year for retailers’
ADVERTISEMENT
CONTINUE READING BELOW
The challenging trading environment, in which cost growth exceeded product price growth, is reflected in the slight reduction in the group’s gross margin to 23.8%. Its customer-first stance justifies this.
“Our selling price inflation reflects the Shoprite Group’s customer commitment to lowest prices and affordability, as does the R9.7 billion in instant Xtra Savings discounts for customers at till point over the six months,” CEO Pieter Engelbrecht said on Tuesday, in the group’s results statement.
The star-performing on-demand digital platform Sixty60 shot the lights out, pulling in a 34.6% increase in sales, “highlighting its market-leading execution and innovation, which continue to strengthen its incredible customer advocacy,” Engelbrecht added.
ADVERTISEMENT:
CONTINUE READING BELOW
Read: Where much of Sixty60’s magic lies
Shoprite Group’s headline earnings per share increased 7.7% to 710.5 cents during this period, and the group reported a dividend of 307 cents, also up 7.7%.
The group started the morning trade strongly, with its share price rising 1.57%.
#R9.7bn #discounts #underpins #Shoprite #sales #lift