Woolworths won't miss 2021
Woolworths (ASX:WOW) has released results for the 26 weeks to 26 December 2021. The share price rallied 6% despite a fair share of negative commentary on Twitter.In the introduction of the...
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Woolworths News & Analysis
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BRIEF-Woolworths Hldgs Announces Sale Completion Of Elizabeth Street Property In Australia
March 12 (Reuters) - Woolworths (ASX:WOW) Holdings Ltd WHLJ.J :* JSE: WHL - WHL03 - COMPLETION OF THE SALE OF THE ELIZABETH STREET PROPERTY IN SYDNEY, AUSTRALIA* SA'S WOOLWORTHS- PROPERTY...
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UPDATE 3-S.Africa's Woolworths expands casual wear offering after return to profit growth
* Retailers see changing demand amid coronavirus crisis* Sales recover as COVID-19 restrictions lifted* Revenues in South Africa fashion unit fell in period* Overall revenues helped by food,...
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South Africa's Woolworths records first H1 profit rise in five years
JOHANNESBURG, Feb 25 (Reuters) - South African retailer Woolworths (ASX:WOW) Holdings Ltd WHLJ.J reported a 58.3% jump in half-year profit on Thursday, its first in five years, as sales...
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BRIEF-Woolworths Holdings HY HEPS 261.1 Cps On Post IFRS 16 Basis
Feb 25 (Reuters) - Woolworths (ASX:WOW) Holdings Ltd WHLJ.J :* JSE: WHL - WHL03 - SUMMARY OF THE UNAUDITED INTERIM GROUP RESULTS FOR THE 26 WEEKS ENDED 27 DECEMBER 2020* WOOLWORTHS HOLDINGS...
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South African Markets - Factors to watch on Feb. 25
JOHANNESBURG, Feb 25 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on...
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South Africa's Libstar H2 sales rise on strong retail client demand
JOHANNESBURG, Jan 29 (Reuters) - South African food producer Libstar Holdings Ltd LBRJ.J saw a 3.6% rise in revenue in the second half of 2020, it said on Friday, thanks to a strong third...
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South African Markets - Factors to watch on Jan. 26
The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Tuesday. POLITICAL EVENTS -...
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UPDATE 1-South Africa's rand slips in risk-off trade, stocks hit all-time high
(Adds latest figures, analyst quotes)JOHANNESBURG, Jan 25 (Reuters) - South Africa's rand weakened on Monday, giving back early gains in volatile trade with sentiment swinging against...
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UPDATE 2-S.Africa's Woolworths shares soar on expected profit surge
* Company estimates profits to rise by up to 60%* Online sales in food, fashion more than double* Strong results from retailers hint worst is over (Updates with shares prices)JOHANNESBURG,...
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EMERGING MARKETS-Turkish lira leads EMEA FX gains, Rouble flat after steep losses
* South African stocks hit record high * MSCI EM stocks index just below record high * U.S. stimulus hopes drive risk appetite By Ambar Warrick Jan 25 (Reuters) - Turkey's lira led gains...
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CORRECTED-S.African retailer Woolworths expects up to 60% jump in half-year profit
(Corrects rand to cents in paragraph 2) JOHANNESBURG, Jan 25 (Reuters) - South Africa's Woolworths (ASX:WOW) Holdings Ltd WHLJ.J expects its headline earnings per share (HEPS) for the 26...
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BRIEF-Woolworths Holdings Ltd Sees HY HEPS Of 247.4 TO 263.8 Cents
Jan 25 (Reuters) - Woolworths (ASX:WOW) Holdings Ltd WHLJ.J :* JSE: WHL - WHL03 - TRADING UPDATE AND TRADING STATEMENT FOR THE 26 WEEKS ENDED 27 DECEMBER 2020* WOOLWORTHS HOLDINGS - GROUP...
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South African Markets - Factors to watch on Jan. 25
JOHANNESBURG, Jan 25 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on...
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UPDATE 1-South Africa's Pick n Pay CEO Brasher to retire in April
(Adds detail) JOHANNESBURG, Jan 14 (Reuters) - Richard Brasher, the chief executive of South Africa's Pick n Pay Stores Ltd PIKJ.J , will retire with effect from April 21 after eight years...
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S.Africa's Woolworths sales fall as virus curbs hit footfall
Nov 19 (Reuters) - South African department stores chain Woolworths (ASX:WOW) Holdings WHLJ.J on Thursday said group sales fell 2% in first 20 weeks of the financial year, weighed down by...
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BRIEF-Woolworths Says Trading Conditions Across Group Continued To Be Impacted By COVID-19
Nov 19 (Reuters) - Woolworths (ASX:WOW) Holdings Ltd WHLJ.J :* WOOLWORTHS - GROUP SALES FOR FIRST 20 WEEKS OF 2021 FINANCIAL YEAR ('CURRENT PERIOD') INCREASED BY 3.5%* WOOLWORTHS - TRADING...
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UPDATE 1-South African rand firmer after central bank holds rates
(Adds latest prices, analyst comments)JOHANNESBURG, Sept 17 (Reuters) - South Africa's rand extended its recent rally to a new six-month peak on Thursday after the central bank kept lending...
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UPDATE 3-South Africa's Woolworths reviews strategy in bid to revive profit
* Full-year HEPS down 65.1%* Sales dip on store closures* Food and online only star performers* Reviewing S. African fashion business (Adds CEO presentation on strategy review, DJ cost cut...
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BRIEF-Woolworths Holdings FY HEPS 119.8 Cents
Sept 17 (Reuters) - Woolworths (ASX:WOW) Holdings Ltd WHLJ.J :* WOOLWORTHS - IMPACT OF COVID-19 ON TRADING ENVIRONMENT AND RESULTS NECESSITATED AN ASSESSMENT OF CARRYING VALUES OF ASSETS*...
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S.Africa's Woolworths annual profit tumbles 65% on COVID-19 lockdown impact
JOHANNESBURG, Sept 17 (Reuters) - South African retailer Woolworths (ASX:WOW) Holdings Ltd WHLJ.J on Thursday reported a 65.1% slump in earnings for the 52 weeks to June 28, as sales dropped...
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South African Markets - Factors to watch on Sept. 17
The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Thursday. ECONOMIC EVENTS - The...
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UPDATE 1-S. Africa's rand hits six-month high, stocks down after weak retail data
(Adds latest figures, analyst comments)JOHANNESBURG, Sept 16 (Reuters) - South Africa's rand rallied to a six-month high on Wednesday, shaking off poor retail sales data as expectations of...
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UPDATE 1-South Africa's rand climbs 1%, PPC leads decliners on right issue
(Adds latest figures, analyst comments)JOHANNESBURG, Sept 15 (Reuters) - South Africa's rand climbed to a six-week best on Tuesday as demand for risk assets was lifted by renewed hopes for a...
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UPDATE 1-Unilever South Africa to pull all TRESemmé products for 10 days over 'racist' ad
* Six retailers pull TRESemmé products from shelves* TRESemmé director involved in campaign leaves co & country* Unilever to take necessary disciplinary action(Recasts with Unilever, adds ...
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S.Africa's Dis-chem joins list of retailers removing TRESemmé products from shelves
JOHANNESBURG, Sept 10 (Reuters) - South Africa's Dis-Chem Pharmacies DCPJ.J has joined a growing list of retailers removing TRESemmé products, a Unilever Plc ULVR.L brand, from their...
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UPDATE 1-South Africa's rand surges as dollar slumps
(Updates to reflect afternoon trade)JOHANNESBURG, Aug 28 (Reuters) - South Africa's rand surged against the dollar on Friday, as the U.S. currency fell heavily and global investors hunted...
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BRIEF-Woolworths Says Total Interest In Ordinary Shares Held By Coronation's Clients Amounted To 5.07% Of Co
Aug 18 (Reuters) - Woolworths (ASX:WOW) Holdings Ltd WHLJ.J :* WOOLWORTHS - TOTAL INTEREST IN ORDINARY SHARES OF COMPANY HELD BY CORONATION'S CLIENTS AMOUNTED TO 5.07% OF CO
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UPDATE 1-South Africa's rand set to end week firmer but stocks drop
(Rewrites, updates prices)JOHANNESBURG, Aug 14 (Reuters) - South Africa's rand was set to end the week on a firmer footing, even though its recent rally has been slowed by the return of...
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BRIEF-Woolworths Sees FY HEPS 102.9 To 137.2 Cents
Aug 14 (Reuters) - Woolworths (ASX:WOW) Holdings Ltd WHLJ.J :* WOOLWORTHS - CARRYING VALUE OF CERTAIN STORE ASSETS HAS BEEN IMPAIRED, WHICH IN TURN WILL NEGATIVELY IMPACT REPORTED EPS*...
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BRIEF-Woolworths Holdings Says All Conditions Precedent To Sale Of Bourke Street Menswear Store Fulfilled
July 27 (Reuters) - Woolworths (ASX:WOW) Holdings Ltd WHLJ.J :* ALL CONDITIONS PRECEDENT TO SALE OF BOURKE STREET MENSWEAR STORE HAVE NOW BEEN FULFILLED* DISPOSAL PRICE FOR ASSET WAS AU$121...
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UPDATE 1-S.Africa's Pepkor Q3 sales drop 17% on lockdown hit
(Recasts with Q3 numbers)JOHANNESBURG, July 24 (Reuters) - South African clothing and furniture retailer Pepkor Holdings PPHJ.J said on Friday sales for its fiscal third quarter ended June...
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UPDATE 1-S.Africa's Woolworths sees annual sales dip as COVID-19 hits
(Adds details)JOHANNESBURG, July 24 (Reuters) - South African department stores chain Woolworths (ASX:WOW) Holdings WHLJ.J flagged a small fall in annual sales after its non-food stores were...
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REFILE-South Africa's Woolworths annual sales fall as COVID-19 hits business
(Refiles to remove extraneous word in headline)JOHANNESBURG, July 24 (Reuters) - South African retailer Woolworths (ASX:WOW) Holdings WHLJ.J flagged a marginal decline in annual sales as its...
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BRIEF-Woolworths Says COVID-19 Significantly Impacted Sales For H2 FY20
July 24 (Reuters) - Woolworths (ASX:WOW) Holdings Ltd WHLJ.J :* TRADING UPDATE FOR THE 52 WEEKS ENDED 28 JUNE 2020* SALES PERFORMANCE FOR H2 OF FY20 WAS SIGNIFICANTLY IMPACTED BY COVID-19*...
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South African Markets - Factors to watch on July 16
The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Thursday.ECONOMIC EVENTSSouth...
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South African e-commerce is a COVID-fired market of risk and reward
* South Africa in lockdown since late March* Online shopping surges as consumers stay home* Retailers add capacity to meet demandBy Nqobile DludlaJOHANNESBURG, July 15 (Reuters) - Like many...
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BRIEF-Woolworths Says Total Interest In Ordinary Shares Held By PIC Amounts To 15.076% Of Co
June 4 (Reuters) - Woolworths (ASX:WOW) Holdings Ltd WHLJ.J :* JSE: WHL - WHL02 - NOTIFICATION IN TERMS OF SECTION 122(3) OF THE COMPANIES ACT* WOOLWORTHS - RECEIVED FORMAL NOTIFICATION THAT...
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UPDATE 2-S.Africa's Woolworths scraps dividend, reviews Australasian real estate assets
* Impact of virus outbreak grows compared to April* Hires UBS for review of Australasian property assets* In talks with lenders on debt and covenants (Adds details on restructuring of...
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SA's Woolworths flags tough second half, scraps final dividend
May 27 (Reuters) - South African retailer Woolworths (ASX:WOW) Holdings Ltd WHLJ.J said on Wednesday it expects difficulties to persist over the remainder of the second half of its financial...
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South African Markets - Factors to watch on May 27
The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Wednesday.COMPANIES- Woolworths...
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BRIEF-Woolworths Holdings Says Constrained Trading Conditions To Persist Over Remainder Of H2
May 27 (Reuters) - Woolworths (ASX:WOW) Holdings Ltd WHLJ.J :* JSE: WHL - WHL01 - FURTHER UPDATE ON THE IMPACT OF COVID-19, TRADING UPDATE AND STRATEGIC INITIATIVES* WOOLWORTHS - SPREAD OF...
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South Africa's Growthpoint provides rent relief to nearly 1,500 small firms
By Nqobile DludlaJOHANNESBURG, May 18 (Reuters) - South Africa's Growthpoint Properties GRTJ.J said on Monday it had provided rent relief to 1,494 small, medium and micro enterprises (SMMEs)...
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