Woolworths Climbs to Record as Profit, Sales Beat Estimates
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Woolworths Holdings Ltd., a South African clothing and food retailer, climbed to a record after fiscal full-year profit and sales beat expectations.
The stock advanced as much as 4 percent to 33.39 rand, the highest intraday since the shares started trading in 1997, and was at 32.62 rand as of 11:33 a.m. in Johannesburg.