{"id":27532,"date":"2026-03-03T09:56:12","date_gmt":"2026-03-03T07:56:12","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=27532"},"modified":"2026-03-03T10:16:13","modified_gmt":"2026-03-03T08:16:13","slug":"sas-shoprite-earnings-rise-after-strong-festive-season","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/sas-shoprite-earnings-rise-after-strong-festive-season\/","title":{"rendered":"SA&#8217;s Shoprite earnings rise after strong festive season"},"content":{"rendered":"<div>South Africa&#8217;s (SA) biggest supermarket Shoprite Holdings, reported \u200ba 7.7% rise in first-half profit on \u200cTuesday, lifted by strong festive season demand.<\/div>\n<div>\n<p class=\"x_MsoNormal\">The retailer said headline earnings per share from continuing operations rose to\u00a0\u200b710.5 cents in the six months ended\u00a0\u200bon December 28, 2025, from a restated 659.8\u00a0\u2060cents a year earlier.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">Earnings before interest, income \u200btax, depreciation and amortisation increased by 6.7% to $767 million.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">Gross margin decreased by 10 basis points to 23.8%, reflecting low selling price inflation, moving to deflation \u200bduring the current trading period, the retailer said.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">Group \u200bsales rose by 7.2% to 136.8 billion rand, with SA \u2060supermarket sales up 7.1% as all of Shoprite&#8217;s food and non-food chains reported growth.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">For the first month of Shoprite&#8217;s second-half period, sales in SA supermarkets increased \u200bby 7.5% \u2060with internal selling price inflation measuring 0.7% compared with 3.1% in January \u200b2025.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">&#8220;In terms of the remainder of our \u200bsecond-half \u20602026 period, we are of the view that low single-digit selling price inflation is likely to \u2060be sustained,&#8221; \u200bthe retailer said.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">Shoprite declared an \u200binterim dividend of 307 cents, up 7.7%.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">&#8211;Reuters&#8211;<\/p>\n<\/div>\n","protected":false},"featured_media":23172,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-27532","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":"","news_description":"SA biggest supermarket Shoprite Holdings, reported \u200ba 7.7% rise","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/27532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":2,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/27532\/revisions"}],"predecessor-version":[{"id":27545,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/27532\/revisions\/27545"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/23172"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=27532"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=27532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}