Shoprite Holdings reports 7.1% rise in half-year revenue to US$8.5B
Online grocery delivery and continued store expansion contributed to overall growth.
SOUTH AFRICA – South African retail group Shoprite Holdings announced that revenue for the 26 weeks ending 28 December 2025 reached R138.9bn (US$8.5bn), representing a 7.1% increase compared with the same period ending 29 December 2024.
During the same period, total merchandise sales rose by 7.2% year on year to R136.8bn (US$8.4bn), while trading profit from continuing operations climbed 5.9% to R7.7bn (US$471m).
The retailer also continued expanding its physical presence, reporting that it added a net total of 273 stores across its various brands during the previous 12 months.
Average internal selling price inflation across the group’s operations was recorded at 0.7% for the half year, a rate that remained below the official South African national food inflation figure of 4.7%.
Customer savings through the company’s Xtra Savings loyalty programme amounted to R9.7bn (US$594m) in discounts applied directly at checkout during the reporting period.
Online grocery delivery growth
Sales generated through the Shoprite Sixty60 on-demand grocery delivery service increased by 34.6% compared with the same period a year earlier, reaching R11.9bn (US$729m).
To strengthen last-mile delivery capabilities connected to the platform, the retailer acquired the remaining 50% shareholding in Pingo Delivery in October 2024, making the logistics company a fully owned subsidiary.
The delivery company had originally been established in May 2022 as a joint venture between Shoprite and logistics provider RTT Group, with each partner holding an equal stake.
Segment performance and restructuring
Within the group’s operations, the Supermarkets RSA division accounted for 84.3% of total company sales and recorded a 7.1% increase in revenue compared with the same six-month period in the previous year.
Inside that segment, the higher-end chains Checkers and Checkers Hyper posted a combined sales increase of 8.9% over the period.
Meanwhile, the core retail banners Shoprite and Usave reported a 5.1% rise in sales during the half year.
Sales from adjacent businesses, including Petshop Science and Uniq Clothing by Checkers, expanded significantly, rising by 70.9% compared with the previous year.
Outside South Africa, the Supermarkets Non RSA division reported sales growth of 12.1%, although the company indicated that maintaining profitability in these markets remains challenging.
The retailer also revised its earlier financial statements to separate operations being closed or sold, including businesses in Ghana and Malawi, as well as furniture outlets in Angola and Mozambique.
In September 2024, the group reached an agreement to sell its furniture division, which includes the OK Furniture and House and Home brands, to Pepkor Holdings Ltd.
The furniture operations outside South Africa were officially transferred on 1 October 2025, while the company later completed the sale of its Ghana operations on 25 November 2025 for R70m (US$4.3m).
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