Woolworths turnover & concession sales +5.4% & 4.4% (constant currency) for the 26 weeks ended 24 Dec ’23. Down significantly from previous year (+18.5% and +16.3%). Woolies said higher rates & living costs, negatively impacted footfall. HEPS -25% to -35% (including David Jones). HEPS -5% to -10% (Continuing operations). Earnings impacted by discretionary spend on apparel businesses (particularly Australia).
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