Woolworths shares plunge 8.5% as weak sales growth rattles investors

Woolworths attributed the subdued performance to challenging trading conditions in South Africa and Australia, where high fuel prices, inflation and interest rates continue to weigh on consumer demand and discretionary spending.

11/12/26  •  12 Vues

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Woolworths shares plunge 8.5% as weak sales growth rattles investors

Woolworths attributed the subdued performance to challenging trading conditions in South Africa and Australia, where high fuel prices, inflation and interest rates continue to weigh on consumer demand and discretionary spending.

Source: https://iol.co.za/business-report/2026-11-12-woolworths-shares-plunge-85-as-weak-sales-growth-rattles-investors/

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