{"id":42268,"date":"2026-08-12T12:34:18","date_gmt":"2026-08-12T10:34:18","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=42268"},"modified":"2026-08-12T12:34:18","modified_gmt":"2026-08-12T10:34:18","slug":"sas-shoprite-sees-annual-earnings-rising-up-to-14-7","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/sas-shoprite-sees-annual-earnings-rising-up-to-14-7\/","title":{"rendered":"SA&#8217;s Shoprite sees annual earnings rising up to 14.7%"},"content":{"rendered":"<div class=\"uSg02\">\n<div class=\"DrnCK\">\n<div class=\"HwXOf\">\n<div class=\"kcAOr t9ThB\" data-testid=\"RecipientWell\">\n<div data-tabster=\"{&quot;mover&quot;:{&quot;cyclic&quot;:false,&quot;direction&quot;:2,&quot;memorizeCurrent&quot;:false}}\">\n<div id=\"MSG_wAEnmynrwAA_TO\" class=\"___sj378o0 fly5x3f f1l02sjl f113hnb5\" role=\"heading\" aria-level=\"3\">\n<div id=\"28\" class=\"EditorClass ___18acxwi ftgm304 fr7e4de f1ids18y f1ohdurq f1fa7rqs f10pi13n f1a3p1vp fkhj508 f1hu3pq6 f11qmguv fly5x3f f1g0x7ka fhxju0i f1qch9an f1cnd47f f19f4twv f1tyq0we fz5stix g7toD\" tabindex=\"-1\" role=\"presentation\" aria-multiline=\"true\" aria-readonly=\"true\" aria-label=\"To: Bomkazi Malobola\">South African (SA) retailer Shoprite Holdings said on Wednesday it expects \u200bannual headline earnings to rise by as \u200cmuch as 14.7%, supported by steady sales growth and expansion in its core grocery business.<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div data-test-id=\"mailMessageBodyContainer\">\n<div class=\"XbIp4 jmmB7 customScrollBar GNqVo allowTextSelection\">\n<div id=\"UniqueMessageBody_14\" class=\"OuGoX BIZfh\" tabindex=\"0\" role=\"document\" aria-label=\"Message body\" aria-live=\"polite\" aria-atomic=\"false\" data-fui-focus-visible=\"\">\n<div class=\"rps_667b\">\n<div dir=\"ltr\">\n<div><\/div>\n<div>Africa&#8217;s largest \u200bsupermarket group said sales of merchandise from \u200bcontinuing operations for the 52 weeks ended \u2060June 28 increased 7.2% to about $16.7 billion from $18.51 billion \u200ba year earlier.<\/div>\n<div><\/div>\n<div>Shoprite said it expects headline earnings per share from continuing operations of $0.93 to $0.97, up 9.7% to 14.7% from the \u200bprevious years.<\/div>\n<div><\/div>\n<div>The core Supermarkets SA division, which accounts for 84.5% of \u200bgroup sales, \u200bincreased sales \u2060by 7.1% to $13.63 billion.<\/div>\n<div><\/div>\n<div>Like-for-like sales rose 2%, while internal \u200bselling price inflation remained subdued at \u200b0.8%, \u2060below SA&#8217;s food and non-alcoholic beverages inflation rate of 3.9%.<\/div>\n<div><\/div>\n<div>Outside SA, the group&#8217;s supermarket \u2060operations \u200bincreased sales by 11% \u200bin Rand terms and 7.1% on a constant-currency basis.<\/div>\n<div><\/div>\n<div>&#8211;Reuters&#8211;<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"featured_media":27571,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-42268","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":"","news_description":"Shoprite Holdings said on Wednesday it expects \u200bannual headline earnings to rise","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/42268","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":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/42268\/revisions"}],"predecessor-version":[{"id":42269,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/42268\/revisions\/42269"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/27571"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=42268"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=42268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}