Shoprite Surpasses R250B Sales Milestone and Declares Higher Dividend

Shoprite Holdings Ltd has reported record results for the 52 weeks ended 29 June 2025, surpassing the R250 billion sales mark for the first time, while also declaring an increased final dividend for shareholders.

Group Chief Executive Officer, Pieter Engelbrecht, said the retailer delivered sales growth of R20.6 billion, bringing total sales to R252.7 billion. Trading profit rose by 16.6% to R14.9 billion, while operating profit was up 18% at R12.8 billion. Profit before tax increased by 12.8% to R14.9 billion.

Despite inflationary pressures, the Group returned R16.5 billion in savings at the point of sale and maintained core Supermarkets RSA selling price inflation at just 2.3%. “Our performance reflects the strength of our customer-first strategy, the discipline of our teams across 2,863 corporate-owned stores, and our ability to deliver value despite a challenging economic environment,” Engelbrecht said.

Segment Performance

• Supermarkets RSA: Shoprite and Usave sales grew 5.9%, adding R6.5 billion from a base of R110.1 billion, with Shoprite’s internal price inflation kept below 2%.
• Checkers: Achieved strong growth of 13.8%, contributing R11.6 billion to reach nearly R100 billion in annual sales. Its premium food retail positioning remains a key driver of growth.
• Sixty60: The on-demand grocery delivery service surged 47.7% year-on-year to R18.9 billion, cementing its role as a critical pillar in the Group’s omnichannel retail strategy.

Shoprite also reduced exposure in selected non-RSA markets and completed the sale of its furniture business to Pepkor Holdings Ltd., allowing greater focus on its core supermarkets.

The Board declared a final dividend of 496 cents per ordinary share (2024: 445 cents), payable on Monday, 29 September 2025. This brings the total dividend for the year to 781 cents per share (2024: 712 cents), reflecting a 9.7% increase.

The last day to trade cum dividend is Monday, 22 September 2025. Shares will trade ex dividend from Tuesday, 23 September 2025, with the record date set for Friday, 26 September 2025. Share certificates may not be dematerialised or rematerialised between 23 and 26 September 2025, both days inclusive.

In accordance with South Africa’s Dividends Tax regulations:

• The gross dividend is 496 cents per share.
• The net dividend after 20% tax is 396.8 cents per share for shareholders not exempt.
• The issued share capital of Shoprite Holdings Ltd stands at 591,338,502 ordinary shares.
• Shoprite’s tax reference number is 9775/112/71/8.

Looking ahead, Engelbrecht highlighted Shoprite’s commitment to expanding its omnichannel capabilities. The Group has rolled out a new Checkers transactional website and an enhanced Sixty60 app, broadening delivery options across categories and formats.

“We are proud of our achievements and grateful to our 168,000 employees and 30 million customers. With continued investment in technology, efficiency, and customer experience, we are well-positioned to deliver further growth,” Engelbrecht said.

The Group’s condensed consolidated financial statements have been reviewed by external auditors Ernst & Young Inc., who issued an unmodified review conclusion. Full details are available on the JSE cloudlink and Shoprite’s corporate website.