Insight Report 3 minutes PremiumWoolworths (ASX: WOW) 1H16 Results: Slight EPS Miss, Rebuilding the Business Comes at a Cost Coresight Research February 26, 2016 Executive Summary Woolworths reported 1H16 EPS of A$0.73 before significant items, a decrease of 33.5% and below the consensus estimate of A$0.76. EPS, after significant items, was A$(0.77). The company reported that total 1H16 revenue decreased by 1.4%, to A$32.0 billion, in line with the consensus estimate. Revenue excluding automotive fuel was up 1.2%, to A$29.5 billion. The company reported a net loss of A$972.7 million in 1H16, due to the impact of significant items. The company expects 2H16 to remain challenging, with no significant improvement in comps. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Analyst Corner—The Pretenders to the AI Chip Throne Are Gunning for King Nvidia, with John HarmonConsumers Focus on Essentials: China Consumer Survey InsightsData Dive: Shein in Numbers as It Files for a US IPORetail Shrink and ORC: Losing Inventory, Losing Customers—US Consumers’ Response to Theft
