A woman uses a trolley as she shops at a Pick n Pay store at the Dobson Point Shopping Centre, in Soweto, South Africa, March 19, 2024. REUTERS
JOHANNESBURG, May 25 (Reuters) – South African grocery retailer Pick n Pay on Monday reported a narrower annual headline loss, supported by a strong performance from its value chain Boxer and improved margin management at its core namesake brand.
The retailer said its headline loss per share in the 52 weeks ended March 1 narrowed by 14.6% to 52.58 cents, from a headline loss per share of 61.54 cents a year earlier.
Reporting by Nqobile Dludla; Editing by Christian Schmollinger
