JOHANNESBURG, Feb 25 (Reuters) - South African supermarket
chain Shoprite Holdings SHPJ.J missed half-year earnings
forecasts on Tuesday, hit by hyperinflation accounting in
Angola.
Shoprite, which owns more than 2,800 outlets across Africa,
said diluted headline earnings per share (HEPS) for the 26-weeks
ended Dec.29 fell by 2.6% to 372.4 cents from 382.4cents in the
comparable period.
Analysts polled by Refinitiv had seen HEPS rising to 463
cents.
HEPS is the most widely watched profit gauge in South
Africa, which strips out certain one-off items.