Shoprite

HY Results: Sales +13.9% (like-for-like +6.5%) Gross margin +10bps to 23.6%. Supermarket RSA sales were +14.6% (+6.3% lfl) & 81% of group sales. Supermarket RSA internal inflation was 7.7% (9.4% HY23). Market share gains have been made for 58 months w/o sacrificing gross margins.
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