HomeBusiness NewsWoolworths share price: Woolies bloodbath with $4.5b nosedive

Woolworths share price: Woolies bloodbath with $4.5b nosedive

December 14, 2021

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Supermarket giant Woolworths has been obliterated on the Australian sharemarket this morning after revealing a worrying cost blowout.

Shareholders were savaging supermarket giant Woolworths on Tuesday after the company slashed its earnings forecast on a $220m Covid cost blowout and softer…

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Woolworths share price: Woolies bloodbath with $4.5b nosedive

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