FilingReader Intelligence

Mr Price Group's annual profit jumps, boosted by retail sales

June 6, 2025 at 09:01 PM UTCBy FilingReader AI

Mr Price Group (JSE:MRPE) announced robust annual results for the 52 weeks ended March 29, 2025, driven by strong retail sales and margin expansion. Total revenue increased by 7.9% to ZAR40.9 billion, and the company gained 50bps of market share (RLC). The gross profit margin expanded 80bps to 40.5%. Operating profit reached a record level of ZAR5.8 billion, with the operating margin increasing 20bps to 14.2%. Basic and headline earnings per share increased by 11.0% and 10.7% respectively. Diluted headline earnings per share grew by 10.1% to 1379.3 cents. The company has declared a final cash dividend of 593.50 cents per share, a 12.7% increase year on year. The group opened 184 new stores during the period, bringing the total store count to 3,030. Looking ahead, capital expenditure for FY2026 is anticipated to be ZAR1.6 billion, with approximately 200 new stores planned.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

JSE:MRPEJohannesburg Stock Exchange

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