After a difficult few years, Pick n Pay says its turnaround is gaining traction, with improving earnings guidance and renewed focus on operational recovery. But the road ahead remains complex. The retailer has pushed out its break-even target for its core supermarket business by a year to FY2029, even as Boxer continues to outperform, competitive pressures intensify and global geopolitical risks cloud the consumer outlook. Joining CNBC Africa is Pick n Pay CEO, Sean Summers.

 


Source: https://www.cnbcafrica.com/media/7779708632641/pick-n-pays-fy26-group-turnover-up-34-boxer-boosts-performance