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S Africa s Woolworths sees over 20% fall in annual earnings

South Africa s Woolworths expects annual earnings to be more than 20% lower than the prior year, partly impacted by the sale of its David Jones business and as consumers cut down on discretionary. -May 30, 2024 at 02:02 am EDT - MarketScreener

South Africa s Woolworths H1 profit falls as shoppers spend less

South African fashion retailer Woolworths reported on Wednesday a 7.5% fall in half-year earnings as consumers pulled back on discretionary spending and as the country s energy and logistics.

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