Checkers Reported Sales Growth of 11.1%

In a trading update, Shoprite reported that its sales for the six months to 27 December rose by almost 5% to R83.4 billion.

Its South African sales – which represent almost 80% of total sales – rose by 5.6%. Checkers and Checkers Hyper reported sales growth of 11.1%.

Its LiquorShop business’ sales declined by almost 22% after the shops were forced to close due to alcohol sales restrictions in lockdown.

Shoprite’s share price rose by half a percent to R145.02.

Business Insider SA

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