South African grocery retailer Woolworths Holdings is forecasting a 20-30% year-on-year increase in headline earnings per share after it reported an increase in annual sales.

The company said yesterday (19 July) that for the year ended 26 June, group sales were up 9.4%. Comparable-store sales rose 6.3%. Food sales were up 10.7%, and grew 8.4% on a comparable basis. Selling prices were up 3% over the year.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Woolworths said that its South African retail space grew by 7.6%, which included 22,850 square metres of franchise conversions. Excluding conversions, corporate space grew 2.1%.

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact