Woolworths Holdings Limited Reports Sales Results for the First 26 Weeks Ended December 25, 2016; Provides Earnings Guidance for the 26-Week Period Ended December 25, 2016
For the 26-week period ended December 25, 2016, the company expects earnings per share to be 329.8 cents to 355.2 cents, substantially higher than EPS for the 26-week period ended December 27, 2015, due to the profit on disposal by David Jones of its Market Street property in Sydney. Headline earnings per share are expected to be in range of 234.5 cents to 247.2 cents, lower than the prior period. Adjusted diluted headline earnings per share for the period are expected to be 238.3 cents to 250.8 cents, lower than the prior period.