Woolworths Holdings Limited
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Samuel D. Ngumeni
- Full Time Employees
- 37,752
- Sector
- Retail trade
- Industry
- Apparel/Footwear retail
- Address
- Woolworths House Cape Town WC South Africa 8001
- IPO Date
- Oct 20, 1997
- Website
- woolworthsholdings.co.za
- Similar Companies
- Business
- Woolworths Holdings Limited Woolworths Holdings Limited (WHL.JO) operates as a southern hemisphere retail group headquartered in Cape Town, South Africa, and founded in 1931, with primary operations spanning South Africa, 10 other sub-Saharan African countries, Australia, and New Zealand. The company conducts business through Woolworths South Africa (WSA), which offers premium food products including groceries, baked goods, and beverages; fashion, beauty, and homeware such as clothing, cosmetics, houseware, and lifestyle items; and financial services via Woolworths Financial Services (WFS), a joint venture with Absa Group Limited providing store cards, credit cards, personal loans, revolving credit, pet insurance, and cash management solutions; alongside the Country Road Group (CRG) division encompassing Australian specialty fashion brands Country Road, Trenery, Witchery, Mimco, and Politix, which sell apparel, accessories, and home products through over 1,400 stores, department stores, concessions, and online channels. WSA manages approximately 719 stores in South Africa plus 88 elsewhere in Africa, emphasizes sustainability through initiatives like responsibly sourced seafood (99.9% compliant), cage-free eggs, and Better Cotton Initiative-certified products, and targets aspirational middle- to upper-income customers with omni-channel experiences including Woolies Dash on-demand delivery. In recent developments, Woolworths Holdings Limited completes the Q4 FY24 acquisition of 93.45% of Absolute Pets for R609 million in cash, integrating over 170 pet care stores to accelerate its pet strategy and boost Food segment earnings from day one with Q4 contributions of R234 million turnover and R18 million EBIT; advances Value Chain Transformation with R500 million invested to enhance fashion availability via RFID, centralized inventory, and lead time reductions; expands Beauty offerings through a new manufacturing facility and South Africa's first standalone WBeauty store at Waterstone; and operationalizes CRG as a standalone House of Brands post-David Jones separation, targeting over 10% medium-term aEBIT margin while pursuing store certifications and renewable energy goals.
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