Boxer Retail expects FY27 turnover growth to accelerate later in year, sees H1 trading margin steady

Reuters2026/07/28 05:10

By:Reuters

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Boxer flagged expectations to maintain its H1 FY27 trading profit margin at the H1 FY26 level, helped by other trading income growth.
Turnover rose 7.2% in the 20 weeks ended July 19, with like-for-like growth of 2.2% amid continued basket deflation.
Internal selling price inflation was -1.9%, extending deflation from -0.7% in H1 FY26 and -1.6% in H2 FY26.
Turnover growth is expected to accelerate later in FY27 on a forecast uptick in selling price inflation, supported by new stores.
Management reiterated its FY27 rollout target of 25 Superstores and 35 liquor stores; 19 stores opened in the period.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Boxer Retail Ltd. published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S524684), on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Boxer Retail expects FY27 turnover growth to accelerate later in year, sees H1 trading margin steady

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