WOW woolworths group limited

News: WOW Australia's Woolworths expects lower first-half earnings from domestic food unit

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    Dec 14 (Reuters) - Top Australian grocer Woolworths Group (WOW) on Tuesday forecast a drop in first-half operating income from its domestic food business.

    The company said it expected earnings before income tax (EBIT) of between A$1.19 billion and A$1.22 billion ($870.4 million-$849 million) from its Australian food business, down from A$1.31 billion last year.

    ($1 = 1.4017 Australian dollars)

 
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