Retail

Shoprite rolling out hundreds of stores across South Africa

Shoprite continues to go from strength to strength as the retail giant reported impressive results for its 2025 financial year.

Aside from strong earnings and profits, Shoprite also rolled out over 360 stores in this period.

Shoprite is South Africa’s largest food retailer and owns well-known brands like Checkers, Usave, and Sixty60.

On Tuesday, 2 September, Shoprite released its results for the 52 weeks ended 29 June 2025, which revealed another strong performance for the group.

The retailer delivered strong financial results with sales increasing by 8.9% to R252.7 billion and revenue growing by 8.6% to R256.7 billion.

This was largely driven by the group’s core Supermarkets RSA segment, which houses all of its major trading brands like Shoprite, Usave, Checkers, Checkers Hyper, and LiquorShop.

This segment saw sales growth of 9.5%, contributing R213.50 billion to the total, while the Supermarkets Non-RSA segment grew sales by 6.4% to R20.57 billion.

Sixty60’s sales increased by 47.7%, equating to R18.9 billion this year. CEO Pieter Engelbrecht said the service also boasted 94.0% on-time deliveries and 96.8% order fulfilment.

Overall, Shoprite’s trading profit increased by 16.6% to R14.97 billion, resulting in a trading margin of 5.9%.

The group’s earnings before interest, income tax, depreciation and amortisation (EBITDA) increased by 18.8%, reaching R23.8 billion.

Basic earnings per share from continuing operations grew by 17.9% to 1,362.5 cents per share.

During the year, Shoprite opened 363 stores, expanding its continuing operations footprint to 3,478 stores.

The group’s return on invested capital (ROIC) was 19.4%, compared to a weighted average cost of capital (WACC) of 13.5%. Its return on equity was 26.7%.

On the back of these strong results, Shoprite’s Board declared a final dividend of 496 cents per share, representing year-on-year final dividend per share growth of 11.5%.

This, together with the first-half dividend of 285 cents per share, equates to a full-year dividend of 781 cents per share, increasing by 9.7% year over year.

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