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Shoprite shares climb as the retailer delivers growth
Operational update for the six months ended 27 December 2020
For the six months to 27 December 2020 the Shoprite Group increased total sale of merchandise by 4.7% to approximately R83.4bn. Excluding the impact of the closure of the RSA LiquorShop business due to COVID-19 lockdown regulations, the Group increased total sale of merchandise by 6.3%.
The following information provides context to the overall sales growth:
Supermarkets RSA
The Group’s core business, Supermarkets RSA, contributing 78.0% to Group sales, achieved sales growth of 5.6% (like-for-like 4.8%).
Supermarkets RSA, excluding LiquorShop sales, achieved sales growth of 7.8% (like-for-like 5.7%).
Checkers and Checkers Hyper reported sales growth of 11.1%. ....

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