Woolworths reveals a slump in FY earnings

PUBLISHED: Thu, 23 Aug 2018 10:29:47 GMT


Woolworths has released disappointing results after what the group calls “difficult year”. The supermarket and clothing retailer reports a 17.7 per cent drop in annual earnings for the year ended June. Headline earnings per share also declined to 346.3 cents. Ian Moir, CEO, Woolworths is CNBC Africa for more.

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