Shoprite Sees Up To 10.2% HEPS Growth After Festive Demand Lifts Sales To 136.8 Billion Rand
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Shoprite Holdings said it expects headline earnings per share from continuing operations to rise by between 5.2% and 10.2% in the six months ended Dec. 28, 2025, helped by strong festive-season demand.
The retailer said the forecast compares with a restated 659.8 cents in the prior period.
Group sales increased 7.2% year-on-year to 136.8 billion rand, with South African supermarket sales up 7.1% as all of Shoprite’s food and non-food chains reported growth.
For the October-to-December quarter, which includes the main Christmas shopping period, group sales rose 6.5% from a year earlier.
Shoprite said like-for-like sales in South Africa rose 1.9%, reflecting a prolonged decline in selling price inflation that moved into deflation during the key November-to-December 2025 trading period.
Outside South Africa, where Shoprite has 272 stores across seven African countries, sales rose 12.1%, and the retailer said it will publish final results for the period on March 3.
