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Pick n Pay Stores
Pick n Pay Stores (PIK) investor relations material
Pick n Pay Stores Trading update summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Trading update summary9 Feb, 2026
Turnover and sales performance
Group turnover for 48 weeks to 1 February 2026 grew 3.2%, with like-for-like growth at 3.4%.
Pick n Pay SA like-for-like sales rose 2.9%, while company-owned supermarkets achieved 3.5% growth.
Boxer turnover increased 11.9%, with like-for-like growth at 3.9%.
Online turnover surged 31.8%, driven by Pick n Pay asap! and Mr D app grocery sales.
Clothing turnover in standalone stores grew 4.9%, but like-for-like was only 0.4% amid a challenging market.
Recent trading trends and market conditions
Group turnover for the last 22 weeks rose 1.3%, with like-for-like up 1.7%.
November 2025 saw a decline in like-for-like sales, but growth returned in December and improved further in January 2026.
Clothing sales momentum recovered to mid-single-digit growth in January.
Internal selling price inflation was 2.7%, below the 4.5% CPI Food rate.
Profitability and guidance
Headline loss per share (HEPS) for FY26 is expected to increase by more than 20% from FY25's -61.54 cents.
The increase in loss is attributed to below-expectation turnover impacting previous guidance.
No reasonable certainty yet on the expected earnings per share for FY26; further updates will follow.
Operational improvements have been made, but trading profit recovery is not expected to be linear.
Financial results for the period will be published around 25 May 2026.
PnP SA turnover impact from store closures
PnP SA franchise sales growth drivers
PnP segment profitability recovery timeline
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Next Pick n Pay Stores earnings date
H2 202625 May, 2026
Pick n Pay Stores
Next Pick n Pay Stores earnings date
H2 202625 May, 2026
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Frequently asked questions
Pick n Pay Stores Limited is a South African retail company, operating under the brand names Pick n Pay, Boxer, and TM Supermarkets. The company has established itself as a retailer of food, clothing, and general merchandise, including household, liquor, health, and beauty products. With a business presence extending across Namibia, Zambia, Botswana, Lesotho, Nigeria, Zimbabwe, South Africa, and Eswatini, Pick n Pay has grown to become a significant player in the retail sector within the African continent. Pick n Pay is headquartered in Cape Town, Western Cape, South Africa, and its shares are listed on the Johannesburg Stock Exchange.
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