Karooooo Ltd. reported earnings results for the first quarter ended May 31, 2023. For the first quarter, the company reported sales was ZAR 996.79 million compared to ZAR 801.44 million a year ago. Net income was ZAR 157.48 million compared to ZAR 153.53 million a year ago.

Basic earnings per share from continuing operations was ZAR 5.09 compared to ZAR 4.96 a year ago.