Shoprite guides FY2027 trading margin to hold at 6% on 53-week basis
Reuters2026/09/01 06:09- Shoprite flagged FY2027 as a 53-week year, targeting a 6.0% group trading margin on a 53-week basis.
- Store rollout plan calls for 254 new stores, including 211 in Supermarkets RSA, seven in Supermarkets Non-RSA, 36 in other segments.
- Capital spending set at about R 7.7 billion, targeting a capex-to-sales ratio below 3.0%.
- Effective tax rate expected at 26.0%-26.5%, with inventory metrics seen broadly in line with FY2026.
- Guidance follows FY2026 sales of R 270.8 billion, trading profit of R 16.2 billion, group trading margin of 6.0%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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