Cashbuild Revenue Rises 1 Percent in First Quarter
The building materials retailer grew revenue in the first quarter of the 2027 financial year through new store openings.
Updated on Oct. 22, 2026 in Openings & Closings
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Cashbuild reported a 1 percent revenue increase for the first quarter of the 2027 financial year. This growth was driven by the opening of 14 new stores, which helped offset a 4 percent decline in revenue from existing locations.
Why it matters
The company is navigating a challenging retail environment by shifting its strategy toward smaller store formats. This pivot responds to the increasing difficulty of securing suitable locations for traditional, large-format Cashbuild outlets.
Cashbuild operated 318 total stores at the end of September 2026, with South African operations contributing 81 percent of total sales. Selling inflation reached 3.1 percent by the end of the first quarter.
The players
Cashbuild
Cashbuild is a leading South African retailer of building materials and associated hardware products.
P&L Hardware
P&L Hardware is a hardware retail brand that contributes to the group's diversified sales portfolio.
Amper Alles
Amper Alles is a specialist retail operation that contributes to the group's total sales figures.
The details
Transactions at store tills decreased by 3 percent compared to the previous year, highlighting the impact of current market pressures. To address these trends, the group has approved more than 40 new store openings over the next three years.
Timeline
September 2026 marks the end of the group's first quarter financial period.
June 2026 served as the end of the 2026 financial year.
December 2025 saw the disposal of the company's Malawi subsidiary.
July 2025 serves as the reference point for the company's 304 existing stores.
Market Landscape
Cashbuild is adapting to the shift towards smaller store models as access to prime shopping centres becomes more constrained. This move positions the retailer to maintain its market footprint against competitors by prioritising agility in site selection.
Shoppers may notice a shift in the availability of different store formats as the company prioritises smaller, more accessible locations. These changes in the retail footprint aim to maintain consistent product access despite the broader decline in transaction volumes.
The takeaway
Retailers like Cashbuild are increasingly forced to innovate their site strategies to stay relevant in an era of limited real estate. Customers should expect more flexible, smaller-format stores as the company continues its expansion efforts over the coming years.
What happens next
Cashbuild expects to open approximately 15 stores throughout the remainder of the 2027 financial year.
Further reading
For more on industry moves, visit the South Africa Openings & Closings section.
Source note: This article includes information reported by Business Day.
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