Shoprite Holdings delivered solid half-year results for the six months ended 28 December 2025, supported by festive demand, digital expansion and sustained customer growth. Sales from continuing operations increased 7.2% to R136.8bn, adding R9.2bn compared with the same period a year earlier. Group revenue rose 7% to R139bn, while operating profit advanced 3.5% to more than R7.6bn. The retailer declared an interim dividend of 307 cents per share, up 7.7%.
Supermarkets in South Africa accounted for 84.3% of group sales, with turnover rising 7.1%. Checkers Sixty60 continued to expand rapidly, with sales climbing 34.6% to R11.9bn for the half year, reinforcing the group’s investment in on-demand delivery. The retailer also expanded its specialist pet offering, with 173 Petshop Science stores now operating nationally and integrated into the Sixty60 platform.
Internal selling price inflation averaged 0.7% for the period, well below official food and non-alcoholic beverage inflation of 4.7%, as reported by Statistics South Africa.
The retailer extended R9.7bn in Xtra Savings discounts to customers at till points, supporting volume growth during a period of constrained household budgets. Customer numbers increased 5.6%, equating to roughly 1.2 million additional shoppers per week compared with the previous year.
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Volume growth was assisted by lower prices on staple products such as potatoes, rice and maize, which recorded significant year-on-year price reductions. The strategy reflects intensified competition in South Africa’s grocery market, where price leadership remains central to market share gains.
The group’s performance aligns with broader retail trends. According to South African Reserve Bank data, moderating inflation and cumulative interest rate cuts since late 2024 have supported real disposable income and consumer activity, particularly in the final quarter of 2025.
Digital adoption and category expansion remain central to Shoprite’s growth model. Sixty60 has become a material revenue contributor, while Petshop Science reflects sustained demand in the pet care segment following elevated ownership levels since the pandemic period. The half-year results underscore the group’s ability to combine price discipline, scale efficiencies and digital channels to drive sales growth in a competitive retail environment.
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