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EconomySouth Africa’s Shoprite expects annual earnings to rise up to 14.7%

South African retailer Shoprite Holdings expects its annual headline earnings to increase by as much as 14.7%. The company said steady sales growth is supporting the outlook. Expansion in its core grocery business is also contributing to the expected rise. Shoprite presented the forecast on Wednesday.

ShopriteSouth Africaretailearnings

RReuters★★☆☆☆2026-08-12 14:10Original

South Africa’s Shoprite expects annual earnings to rise up to 14.7%
South Africa’s Shoprite expects annual earnings to rise up to 14.7%Economy