A segment of commerce
JSE grocery retail shares.
The weekly shop: food and essentials, the most defensive spend in the country and its fiercest price war.
GrocersThe companies
| Share | Price | Today | 1M | YTD | 1Y | Market value | P/E | Yield | Next results |
|---|---|---|---|---|---|---|---|---|---|
| Shoprite SHP | R323.71 | -0.24% | +4.6% | +19.3% | +17.7% | R175.1bn | 21.7x | 2.7% | – |
| Pick n Pay PIK | R19.42 | +1.20% | +0.6% | -22.7% | -24.1% | R14.3bn | – | – | 26 Oct 2026 |
| Boxer BOX | R81.54 | -0.35% | +4.3% | +14.3% | +17.9% | R37.3bn | 24.0x | 1.7% | 12 Oct 2026 |
| SPAR SPP | R42.02 | -0.10% | +7.8% | -56.0% | -57.4% | R8.1bn | 23.6x | – | 19 Nov 2026 |
| Choppies CHP | R0.77 | -13.48% | -28.7% | -90.3% | -61.1% | R1.4bn | 15.4x | 2.2% | – |
One yearThe segment against the market
The economyWhat moves it
How we read this segment’s exposure to the South African economy, and which way each is moving now.
Helps this segment when it rises (sells straight into household spending).
Now: Retail sales picking up (+3.4% (Jul))
Weighs on this segment when it rises (squeezes shoppers and input costs).
Now: Inflation steady (4.4% (Aug))
GrocersComing up
Mon, 12 Oct
- ResultsBoxer (BOX) reports
Mon, 26 Oct
- ResultsPick n Pay (PIK) reports
Thu, 19 Nov
- ResultsSPAR (SPP) reports
The rest of commerce
- food, drink and consumer brand
- restaurant and fast-food
- hotel, casino and leisure
- fashion and clothing retail
- ecommerce and platform
- pharmacy and health retail
- home, furniture and building retail
- car dealer and motor retail
- shopping centre and retail property
- logistics and delivery
- payments, fintech and telecoms
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