Woolworths expects more than 20% fall in full-year earnings
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Trading conditions so far in the second half have proved tougher than expected for the group’s apparel businesses, the retailer says
30 May 2024 – 07:37
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Woolworths Holdings expects its earnings for the 53 weeks to June 30 to be more than 20% lower than those reported for the previous year, it said on Thursday.
The decline is partly a result of the inclusion of the David Jones business and the profit on disposal in the group’s 2023 results, it said in a statement…
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