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View Full Version : Woolworths Shares Slump After Earnings Miss Analyst Estimates - Bloomberg



NewsWhore
02-26-2009, 08:40 PM
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Woolworths Shares Slump After Earnings Miss Analyst Estimates (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3DaQ.G6DJ2yo5w%26refer%3Daustralia&cid=1308770779&ei=DEWnSf7oKOaPmAeAopX1Aw&usg=AFQjCNEVZvCjz941SJUGS8NcADplAIjj-w)
Bloomberg
Earnings from Woolworths’ New Zealand supermarkets fell 21 percent to A$68.4 million as the company cut prices to win sales from larger rival Foodstuffs NZ Ltd. and a falling currency lowered the value of sales translated into Australian dollars. ...


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