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Bloomberg

Woolworths Profit Falls as New CEO Pivots Group Toward Food

Wednesday, September 2, 2026


Woolworths Holdings Ltd. appointed Sam Ngumeni as Chief Executive Officer. The company is refocusing its operations around its South African food business. Annual profit declined in the most recent reporting period.

Original reporting: https://www.bloomberg.com/news/articles/2026-09-02/woolworths-profit-falls-as-new-ceo-pivots-group-toward-food

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