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).
Click here to read the SENS

Join our Mailing list!
Sign up to get all the latest financial news and business updates.

Subscribe to fund newsletter

Please fill in the form and we will get in touch with you shortly and help answer any questions you may have about Offshore Supporting services.