South Africa's Woolworths expects fall in H1 profit

Thu Jan 12, 2017 7:23am GMT

JOHANNESBURG (Reuters) - South Africa's upmarket retailer Woolworths Holdings expects first-half profit to be between 2.5 percent to 7.5 percent lower, the company said in a trading update on Thursday.

(Reporting by Tanisha Heiberg; Editing by Vyas Mohan)

Shoppers leave a Woolworths store at a shopping centre in Lenasia, south of Johannesburg, August 28, 2013.    REUTERS/Siphiwe Sibeko
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