Pick n Pay narrows half-year loss by 31.9 percent to R299m
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Pick n Pay reduced its headline loss to R299 million for the 26 weeks ending August 30, 2026. This represents a decrease in loss of 31.9 percent. During the same period, group trading profit increased by 58.1 percent to R490 million. Boxer was the strongest performing part of the business. However, the core supermarket operations continued to report a trading loss.
Pick n Pay narrowed its headline loss to R299 million in the 26 weeks to 30 August 2026, while group trading profit rose 58.1% to R490m. Boxer remained the strongest performer, but the core supermarket business continued to report a trading loss.