Shoprite Holdings, South Africa’s largest supermarket retailer, reported a 15.8% rise in full-year diluted headline earnings per share (DHEPS). This was attributed to a strong performance in its core South African supermarket business and the sale of other retail stores in West Africa, the company said in its financial reports on Tuesday.
For the financial year ended June 29, 2025, ShopRite’s diluted headline earnings per share (DHEPS) increased by 15.8% to 1,367.2 cents.
Group sales of merchandise increased by 8.9% to R252.7 billion Rand, ($14.3 billion), surpassing the R250 billion mark for the first time.
Supermarket Operations in South Africa was the largest contributor, the core Supermarkets segment, which includes Shoprite, Checkers, and Usave, saw its sales rise by 9.5% to R213.5 billion ($12.1 billion).
Checkers and Checkers Hyper, the upmarket grocery chains, achieved a notable sales increase of 13.8%. Shoprite and Usave, the group’s local brands, grew sales by 5.9%.
The report showed that online delivery platform, Checkers Sixty60, continued its strong growth, with sales increasing by 47.7%.
Supermarkets Outside South Africa saw a 6.4% increase in sales, with the group announcing plans to sell its operations in Malawi and Ghana by the end of 2025.
Shoprite opened 194 new supermarkets in South Africa during the year. The retailer maintained its focus on customer value by keeping its internal selling price inflation below 2.3%, which was lower than South Africa’s headline inflation.
This financial report makes it the fifth consecutive year ShopRite achieved its market share gains in South Africa.
