Trading update: 20 weeks to 17 November 2013
Woolworths Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number 1929/001986/06
Share code: WHL
TRADING UPDATE: 20 WEEKS TO 17 NOVEMBER 2013
The Group has issued this trading update in anticipation of its Annual General Meeting to be held
on 26 November 2013.
Clothing sales in South Africa increased by 11.0% for the first 20 weeks of the 2014 financial year
over the comparable period in 2013, with a price movement of 4.5%. Sales in comparable stores
grew by 9.4%. Retail space, including stores in the rest of Africa, grew by 4.6%, net of closures,
since the comparable period in 2012.
Food sales grew by 16.7% with a price movement of 7.4%. Sales in comparable stores grew by
13.3%. Retail space, including stores in the rest of Africa, grew by 5.3%, net of closures, since the
comparable period in 2012.
General merchandise grew by 5.5% and by 3.9% in comparable stores.
Sales in Australia and New Zealand, including the Witchery group, increased 51.0%, in Australian
dollar terms. Sales in comparable stores increased by 7.1% and net space, excluding the Witchery
group acquisition, grew 1.9%. Country Road's South African sales are included in the South
African clothing figures.
The Woolworths Financial Services debtors' book reflected year on year growth of 15.4% at the
end of October 2013, with the annualised impairment rate for the four months to October 2013 at
5.0% (four months to October 2012: 3.0%).
Shareholders are advised that the financial information contained in this announcement has not
been audited, reviewed or reported upon by the Group's external auditors.
The Group's interim results for the 26 week period to 29 December 2013 are scheduled to be
announced on or about 13 February 2014.
Ian Moir (Group chief executive officer) on 021 407 2809
Reeza Isaacs (Group finance director-elect) on 021 407 2464
20 November 2013
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 20/11/2013 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.