|
|
Woolworths - trading update and committee change
Woolworths reported a 4.3% increase in group turnover for the 52 weeks ending 28 June 2026, despite a challenging second half impacted by higher fuel prices, inflation, and global conflicts. Woolworths SA achieved 5.4% sales growth, with Food sales up 5.7%, supported by product quality and online growth of 7.3%. The Fashion, Beauty, and Home segment faced softer demand, especially in the last quarter. The Country Road Group saw a 1.0% sales increase, returning to profitability amid a tough retail environment. The company expects EPS to be between 246.1 and 273.4 cents and HEPS to be between 274.8 to 288.2 cents. A share buyback of 9.7 million shares was completed. The year-end results are expected around 2 September 2026. The Group also announced that Sam Ngumeni was appointed as a member of the Treasury Committee with effect from 1 August 2026 following his Group CEO appointment.
|
|
Click here for original article
|
| |
| |
| Click here for full news archive for this company |
|
| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
| |
|
|
