Pepkor stock reports 11.9 percent revenue growth amid cautious guidance

Published on 10/05/2026 at 23:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Pepkor stock was last at ZAc 1,781 on October 5, 2026 after revenue rose 11.9 percent in 10MFY26. FY26 EPS guidance spans 149.3 to 164.6 cents.

Pepkor, ZAE000259479, Illustration mit AI erstellt.

Pepkor stock (ISIN ZAE000259479) was last at ZAc 1,781 on the Johannesburg Stock Exchange on October 5, 2026 at 5:00 p.m. SAST, down 0.50 percent from the prior close. The key company update is a 10-month trading statement that showed revenue growth but also a cautious earnings range for the financial year ending September 30, 2026.

Revenue reaches ZAR 89.2 billion

According to Sharenet on September 14, 2026, Pepkor's continuing-operations revenue increased 11.9 percent to ZAR 89.2 billion for the 10 months ended July 31, 2026. Excluding acquisitions, growth was 7.3 percent, making the acquisition contribution material to the headline result.

The same September 14 update reported like-for-like sales growth of 3.1 percent and an improved gross profit margin. Furniture, appliances and electronics revenue rose 16.3 percent to ZAR 12.308 billion, while clothing and general merchandise revenue increased 10.4 percent to ZAR 63.827 billion, according to Sharenet.

Guidance shows a narrower profit range

Pepkor expects continuing-operations EPS of 149.3 to 164.6 cents for FY26, compared with 153.0 cents in FY25. That range represents a change of negative 2 percent to positive 8 percent, while continuing-operations HEPS is projected at 158.9 to 174.9 cents versus 160.3 cents previously, as Sharenet reported.

The update identifies three pressures on FY26 earnings: a subdued retail environment, a high comparative base and investment in longer-term platforms such as PlusB banking. At the same time, Pepkor retained medium-term HEPS growth guidance of 10 percent to 15 percent for FY27 and beyond, giving investors a clear contrast between near-term costs and the company's longer-term expansion plans.

Analysts see upside to ZAR 2,766.25

The analyst consensus is Buy, based on 8 analysts, with an average 12-month price target of ZAR 2,766.25. The high target is ZAR 3,300 and the low target is ZAR 2,200, according to Investing.com. Against the October 5 price of ZAc 1,781, the average target is expressed in rand rather than cents and signals a wide gap between the current quote and analyst expectations.

Stock stays near its yearly low

Pepkor's 52-week range is ZAc 1,735 to ZAc 2,831, placing the October 5 quote ZAc 46 above the low and ZAc 1,050 below the high. The market capitalization was ZAR 65.7 billion and trading volume reached 10,290,708 shares on October 5, 2026.