Shoprite Holdings Ltd

Overview

Shoprite Holdings Ltd is Africa's largest supermarket retailer, operating over 3,400 stores across 10 African countries. The company offers a wide range of products and services, including groceries, pharmaceuticals, furniture, and financial services. Its diverse portfolio includes brands such as Checkers, House & Home, Computicket, and USave. The company's growth strategy focuses on expanding its footprint through new store openings and acquisitions. In the 2025 financial year, Shoprite opened 281 net new stores and created 8,723 jobs. Additionally, the company acquired the remaining 50% stake in Pingo Delivery, enhancing its e-commerce capabilities, and sold its furniture business to Pepkor Holdings Ltd to concentrate on its core grocery operations. Financially, Shoprite has demonstrated robust performance, with group sales increasing by 8.9% to R252.7 billion in the 2025 financial year. The company reported a trading profit of R15.0 billion, a 16.6% increase from the previous year, and a diluted headline earnings per share of 1,367.2 cents, up 15.8%. These results reflect the company's strong market position and commitment to delivering value to its shareholders.

Investment Focus

• Focus on core grocery operations
• Expansion into new African markets
• Enhancement of e-commerce and logistics capabilities
• Divestment from non-core businesses

Portfolio Companies