The retailer said headline earnings per share from continuing operations rose to 710.5 cents in the six months ended on December 28, 2025, from a restated 659.8 cents a year earlier.
Earnings before interest, income tax, depreciation and amortisation increased by 6.7% to $767 million.
Gross margin decreased by 10 basis points to 23.8%, reflecting low selling price inflation, moving to deflation during the current trading period, the retailer said.
Group sales rose by 7.2% to 136.8 billion rand, with SA supermarket sales up 7.1% as all of Shoprite’s food and non-food chains reported growth.
For the first month of Shoprite’s second-half period, sales in SA supermarkets increased by 7.5% with internal selling price inflation measuring 0.7% compared with 3.1% in January 2025.
“In terms of the remainder of our second-half 2026 period, we are of the view that low single-digit selling price inflation is likely to be sustained,” the retailer said.
Shoprite declared an interim dividend of 307 cents, up 7.7%.
–Reuters–
