Woolworths expects 19% cut in full-year earnings
Challenging trading conditions affected discretionary spend across the retailer’s businesses
31 July 2024 - 08:09
Woolworths expects to report lower earnings for the full year as challenging trading conditions affected consumer discretionary spend across its businesses.
Group turnover and concession sales from continuing operations for the 53 weeks to end-June grew by 6.2% and by 5.6% on a constant currency basis, it said in a statement on Wednesday...
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