Woolworths Rebranding: 42% Drop in Pre-Tax Earnings Forecast

Published:

January 29, 2024

Updated:

October 15, 2024

Countdown Supermarkets (currently rebranding as Woolworths) says pre-tax earnings will be down about 42% to $71 million for the 6 months to December. Sales are up in rebranded stores and there's been progress on pricing and revamping its loyalty scheme which converts from Onecard to Everyday Rewards on 1 February.

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