Shoprite H1 2026 revenue

Shoprite Holdings, Africa’s largest retailer and partly owned by South African billionaire Christo Wiese, has delivered a strong first-half performance with revenue reaching $8.6 billion.

For the 26 weeks ended Dec. 28, 2025, the retailer’s continuing operations added R9.2 billion ($568 million) in incremental sales, reinforcing its dominance in South Africa and strengthening growth across Southern Africa.

This milestone represents a robust 7.2% increase from the previous year, underscoring Shoprite’s positive performance and market dominance despite operating in a low-inflation environment.

Supermarkets drive core growth
Supermarkets South Africa generated R115.3 billion ($7.08 billion), up 7.1%, while non-RSA operations rose 12.1% to R11.5 billion ($706 million), reflecting resilient demand in regional markets despite currency pressures in Mozambique.

Diluted headline earnings per share increased 7.9% to R7.089, while adjusted earnings climbed 9.5% to R7.353. The board declared an interim dividend of R3.07 per share, up 7.7%.

“Our focus on lowest prices and affordability remains central to everything we do,” Engelbrecht said. “Sales growth during periods of deflation and minimal price inflation reflects our ability to deliver value and expand market share across both Shoprite and Checkers banners, as well as our on-demand Sixty60 platform, which grew 34.6% to R11.9 billion ($731.87 million) in H1 2025.”

Digital commerce accelerates expansion
The retailer’s on-demand platform Sixty60 surged 34.6% to R11.9 billion ($732 million), strengthening Shoprite’s digital commerce footprint. Adjacent categories, including Petshop Science and Uniq Clothing by Checkers, expanded 70.9%, broadening non-food revenue streams.

Store expansion and capital discipline
Shoprite opened 273 net new stores over 12 months and created 1,711 jobs. Trading profit rose 5.9% to R7.7 billion ($473 million), maintaining a 5.7% margin.

Adjusted return on invested capital stood at 19.5%, well above the 12.3% weighted average cost of capital. Net cash improved to R15.1 billion ($928 million), supporting continued expansion.

January 2026 sales increased 7.5% in core South Africa supermarkets. Management expects low single-digit price inflation to persist but plans to leverage scale, efficiency, and digital integration to defend market share across its seven-country Southern Africa footprint.