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40-year-old South African retail giant set for major gains | SA News

Luke Fraser
 ·16 Sep 2025

PSG Wealth’s Fisokuhle Mbutho says Mr Price is an undervalued stock, with the retailer set for further market share gains

Founded in 1985, Mr Price has become one of the largest retailers in South Africa, and offers fashion, homeware, and cellular services.

The investment firm’s analysis has been updated to incorporate the latest trading update from Mr Price for the 13 weeks ended June 2025. 

In the update, the group noted that retail sales increased by 6.3% to R9 billion, and comparable store sales grew by 3.0%. 

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