Retailer lifts earnings, boosts its dividend and expands its store footprint, even as weak disposable income continues to weigh on spending. The group increased total revenue 5.4% to R18.6 billion, while retail sales rose by 5.5%. This outpaced the comparable market’s sales growth of 5.3% for the period from April to September 2025. Although discounting remained widespread in the sector, Mr Price lifted its gross profit margin by 30 basis points to 40%. The group opened 91 new stores during the period, growing its total store base to 3 100 stores. The improvement in headline earnings came despite continued pressure on consumers, which weighed on sales volumes and discretionary purchases.
Click here to read more.
