WOOLIES GAIN­ING GROUND

Finweek English Edition - - INVESTMENT -

At the re­cent Shoprite* re­sults pre­sen­ta­tion, Whitey Bas­son was re­port­edly asked what other re­tailer would he buy and his an­swer was Wool­worths* – and how right he was. The re­sults were sim­ply awe­some with HEPS up 30% (28%, if ad­justed for the ex­tra week) and a re­turn on eq­uity of 49.7%, which must surely be one of the best in the world for a re­tailer? The only

Wool­worths Hold­ings

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