Wrap Text
Operational update for the 52 weeks
ended 28 June 2026
(Reg. No. 1936/007721/06)
(ISIN: ZAE000012084)
(JSE Share code: SHP)
(A2X Share code: SHP)
(NSX Share code: SRH)
(LuSE Share code: SHOPRITE)
("Shoprite Holdings" or "the Group")
Operational update for the 52 weeks ended 28 June 2026
This voluntary announcement and guidance pertains to the 52 weeks ended 28 June 2026 ("the period", "the year" or "the 12 months").
Sale of merchandise from continuing operations
For the 12 months ended 28 June 2026, the Shoprite Group increased sale of merchandise from continuing operations by 7.2%, measuring approximately R270.8 billion. This growth, reported against the Group's R252.7 billion sales from continuing operations for the 12 months ended 29 June 2025 ("the prior period"), equates to approximately R18.1 billion in additional sales generated for the year.
Sales growth per segment is outlined below:
2026 sales growth over the corresponding period last year
Approximate ZAR 52 weeks 2026
52 weeks sales added compared to H1 ended H2 ended
Approximate sales from 2025 year-on-year 52 weeks 2025 28 Dec 2025 28 Jun 2026
continuing operations Rbn Rbn % % %
Total Group 252.7 18.1 7.2 7.2 7.1
By segment:
Supermarkets RSA 213.5 15.2 7.1 7.1 7.2
Supermarkets Non-RSA 20.6 2.3 11.0 12.1 10.0
Other operating segments 18.6 0.6 3.0 3.5 2.6
The following information provides context to the overall sales growth from continuing operations for the year:
Supermarkets RSA
- The Group's core business, Supermarkets RSA, contributing 84.5% to Group sales, achieved sales growth of 7.1% resulting in an additional R15.2 billion in sales over
the prior period.
- Per NielsenIQ, "Rest-of-Market" growth measured 2.0% for the 12 months under review*.
- During the year the brands represented in this core operating segment opened a net 262 stores (115 supermarkets, 93 liquor stores and 54 new formats) to total 2 839
corporate-owned and operated stores.
- Like-for-like sales increased by 2.0%, reflecting the Group's continued efforts to support customer affordability with Supermarkets RSA's internal selling price inflation
measuring 0.8% (H1 2026: 0.7%; H2 2026: 0.8%). This marginal growth in selling price inflation remained below Stats SA CPI food and non-alcoholic beverages inflation which
measured 3.9% for the period.
- Shoprite and Usave, inclusive of Shoprite LiquorShop, reported sales growth of 4.3%.
- In line with our first half period, both brands sustained internal selling price deflation over the second half period measuring -0.1% for the year for Shoprite
(H1 2026: -0.1%) and -0.6% for the year for Usave (H1 2026: -0.7%).
- Shoprite LiquorShop increased sales by 10.6%.
- Net store growth measured 136 stores: 32 Shoprite, 51 Usave and 53 Shoprite LiquorShop stores.
- Checkers and Checkers Hyper, inclusive of Checkers LiquorShop, reported sales growth of 10.0%.
- Internal selling price inflation remained muted, measuring 2.0% for Checkers (H1 2026: 1.9%) and 1.2% for Checkers Hyper (H1 2026: 1.1%).
- Checkers LiquorShop increased sales by 14.5%.
- Net store growth measured 72 stores: 30 Checkers, two Checkers Hyper and 40 Checkers LiquorShop stores.
- Sales from the segment's on-demand digital commerce platform Sixty60, included within the reported sales of the
underlying retail brands,increased by 34.5%, measuring R25.5 billion.
- Adjacent businesses reported sales growth of 57.4%.
- New store formats, namely Petshop Science, Uniq Clothing by Checkers, Checkers Outdoor and Little Me, increased sales by 57.3%.
- Petshop Science added 41 net new stores to total 185 stores; Checkers Outdoor added three net new stores to total 31 stores;
Uniq Clothing by Checkers added 13 net new stores to total 43 stores and Little Me closed a net three stand-alone stores to total eight stores in favour of positioning the brand within Checkers Hyper.
Supermarkets Non-RSA
- In the Group's reporting currency, the rand, Supermarkets Non-RSA's sales increased by 11.0%. This equates to an 8.4% contribution to Group sales.
- In constant currency, Supermarkets Non-RSA increased sales by 7.1%.
- The segment's store base increased by a net eight stores (four Shoprite, four LiquorShop) over the past 12 months, totaling 276 stores across seven countries.
Other operating segments
- Other operating segments comprises Red Star Wholesale Catering Services, Computicket, and the Group's Franchise and Pharmacy businesses. Collectively they increased sales
by 3.0% to represent 7.1% of Group sales.
- Sales to our OK franchise business increased by 0.6%, a function of the aforementioned sustained low selling price inflation environment together with the mutual
termination of a franchise agreement resulting in the closure of 51 stores during the second half period.
- OK Franchise ended the year with 573 stores (2025: 615 stores).
- Sales from our Pharmacy business (Medirite, Medirite Plus and Transpharm) increased by 9.2%.
- Retail pharmacy brands Medirite and Medirite Plus increased sales by 12.3%.
- Medirite Plus, our stand-alone retail pharmacy business added four net new stores, ending the year with 22 stores (2025: 18 stores).
- Medirite, our in-store dispensary format located within our core supermarket operations ended the period with 115 in-store dispensaries noting Medirite traded with
two less dispensaries during the second half period in order to transition those licenses to new locations.
- Transpharm, the Group's national pharmaceutical wholesaler and distributor, increased sales by 7.8%.
* Source: NielsenIQ, 52 weeks, June 2026 incl. liquor. Rest of Market universe includes Pick n Pay, Boxer, Spar, Clicks, Woolworths, Dis-Chem, Food Lover's Market,
Game, PEP, KitKat Express and online, OK Foods, Makro online, Takealot.com, Rhino and Cambridge Foods.
Voluntary earnings guidance
Shareholders are advised that headline earnings per share (HEPS), diluted HEPS and adjusted diluted HEPS from continuing operations for the 52 weeks ended 28 June 2026 are expected to be within the ranges reflected in the table below:
June 2025 June 2025 June 2026 Expected
Reported Restated* Estimated change
Continuing operations:
HEPS 1 372.1 cents 1 365.9 cents 1 498.4 to 1 566.6 cents 9.7% to 14.7%
Diluted HEPS 1 367.2 cents 1 361.0 cents 1 493.4 to 1 561.4 cents 9.7% to 14.7%
Adjusted DHEPS** 1 410.2 cents 1 403.5 cents 1 544.1 to 1 614.3 cents 10.0% to 15.0%
* Restated for the classification of the Group's remaining Nigeria operations as discontinued operations in accordance with IFRS 5: Non-current Assets Held for Sale and
Discontinued Operations. These operations pertain to the Group's three remaining investment properties in Nigeria, comprising Asaba Mall Development Company Limited,
Delta Mall Development Company Limited and Owerri Mall Development Company Limited, together with the related support entities.
** Adjusted DHEPS is a pro forma disclosure in terms of the JSE Limited Listings Requirements. It is not a defined term under IFRS Accounting Standards and as such may not be
comparable with similarly titled measures reported by other companies. It has been provided by the Group as a measure of underlying performance, calculated on a basis that
is applied consistently from period to period, by adjusting DHEPS for the impact of the Shoprite Employee Trust distributions to eligible employees in South Africa and
equivalent awards granted by subsidiaries in countries outside South Africa, exchange rate differences, hyperinflation adjustments, lease modifications and terminations
as well as the related income tax effects. The adjusted diluted headline earnings are divided by the weighted average number of shares adjusted for dilution.
Additional information
We highlight the following for consideration in terms of the Group's 2026 result:
1. Update on the sale of the Group's furniture business to Pepkor Holdings Ltd
During the year the Group completed the sale of its non-South African furniture business (excluding Angola and Mozambique) to Pepkor Holdings Ltd effective 1 October 2025.
Proceeds in the amount of R568 million were received during our second half period.
The sale of the South African Furniture division remains subject to approval by the Competition Tribunal.
2. Update on the Group's share buy-back programme
There were no share repurchases during the period.
Pro forma financial information
The pro forma financial information contained in this announcement, including the calculation of adjusted DHEPS, is the responsibility of the Group's Board of Directors and has been prepared for illustrative purposes only. It may not fairly present the Group's financial position, changes in equity, results of operations or cash flows:
1. Like-for-like sales growth is a measure of the growth in the Group's year-on-year sales, removing the impact of new store openings and closures.
2. The Group discloses unaudited constant currency information to indicate the Supermarkets Non-RSA operating segment's performance in terms of sales growth, excluding
the effect of foreign currency fluctuations. To present this information, the current period sales for entities reporting in currencies other than South Africa rand are converted from local currency actuals into South Africa rand at the prior period's actual average exchange rates on a country-by-country basis.
The table below sets out the percentage change in sales, based on the actual results for the period, in reported currency and constant currency for major currencies. The total impact on Supermarkets Non-RSA is also reflected after consolidating all currencies in this segment.
Reported Constant
% Change in sales on prior period 52 weeks currency currency
Angola kwanza 2.1 9.8
Mozambique metical (16.4) (10.3)
Zambia kwacha 27.4 7.2
Total Supermarkets Non-RSA continuing operations 11.0 7.1
The information contained in this announcement has not been reviewed or reported on by the Group's external auditors.
Group results release, webcast presentation invitation and registration link
Shoprite Holdings is currently in its closed period and will release its 2026 results on the JSE Stock Exchange News Service (SENS) by 08:00 (SAST, GMT +2)
on Tuesday, 1 September 2026.
The Group's 2026 results webcast presentation will commence at 09:30 (SAST, GMT +2) on Tuesday, 1 September 2026.
Shoprite Holdings CEO Pieter Engelbrecht invites all who would like to attend the webcast presentation to do so by registering via the shareholder diary page on the Group's website or alternatively, via https://www.corpcam.com/shoprite01092026.
12 August 2026
Cape Town
Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Enquiries:
Shoprite Holdings Limited Tel: 021 980 4000
Pieter Engelbrecht, Chief Executive Officer
Anton de Bruyn, Chief Financial Officer
Natasha Moolman, Group Head Investor Relations
Date: 12-08-2026 08:00:00
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