Karooooo reports Q1 results
Jul 15, 8:16 PM
KARO
- Karooooo delivered a strong first-quarter performance, with non-GAAP earnings per share reaching ZAR 9.53.
- The company’s revenue increased 22% year over year to ZAR 1.564 billion, showing continued business expansion and stronger financial momentum.
Recommendation Rating: Positive Growth Update
Karooooo reported a strong first-quarter performance, with non-GAAP earnings per share reaching ZAR 9.53. The company’s revenue rose 22% year over year to ZAR 1.564 billion, reflecting continued business growth and improved financial momentum.