Karooooo Ltd. reported earnings results for the first quarter ended May 31, 2022. For the first quarter, the company reported sales was ZAR 801.44 million compared to ZAR 626.19 million a year ago. Net income was ZAR 153.53 million compared to ZAR 88.28 million a year ago.

Basic earnings per share from continuing operations was ZAR 4.96 compared to ZAR 3.49 a year ago.