Pick n Pay Stores Limited (PKPYY) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Okay, we're almost ready. Okay, good morning and welcome everybody to our HYN FY26 results presentation. Special warm welcome, Mr. Ackerman, Wendy, good morning. Welcome, Gareth, and all my colleagues from Pick and Pay, and everybody both online and here in the auditorium. It's great to have you with us this morning. As part of the introduction, I just want to quickly flip over and just give a little bit of an overview of where we find ourselves now on our journey in Pekinpe. It's been quite an interesting 24 months since I returned, and it's been a bit of a compacted time period. In some dimension, it feels like I never left Pekinpe, but the last two years have really, really flowed and gone by fast. And the great thing for us is that if we have to sit and really be truly honest with ourselves and we cast our minds back about 18 months ago, not even 18 months, maybe 15, 16 months, when we put forward the business plan in May of what we were going to do in terms of restoring the fortunes of Peckinpah, I can say with all honesty that there is not much that we would have done differently. And for me personally, Honesty, as you know, is the only thing that you can deal with in life. And we continually are asking ourselves the question, are there any other levers we can find? Are there any other levers we can pull? And there certainly are not. So all of the levers that we have identified, all of the levers that we are busy pulling and pushing and juggling are absolutely on track at this stage. Would we like things to be faster? In fact, I was sharing with my colleagues when we were here yesterday preparing for this, I would rather have been racing up the hill in Cape Town than the hill climb and been in the room over here because that's how I like life. I like things to ...