Woolworths Holdings is South Africa's premium grocer and the benchmark for its upper-middle-class consumer — a company whose 2026 fall from the JSE Top 40 index crystallized the cost-of-living crisis.Full nameWoolworths Holdings LimitedTickers / exchangeWHL — Johannesburg Stock Exchange (JSE)HeadquartersCape Town, South AfricaSectorConsumer — food, fashion & homeware retailEmployees~30,000 (group, incl. Country Road)Market value (market cap)~R55 billion ≈ US$3.1 billionYearly sales (turnover, FY Jun-2025)~R80 billion ≈ US$4.5 billionNet profit (FY Jun-2025)~R3 billion ≈ US$170 million (down sharply)Net margin (FY Jun-2025)~4% (our calculation: ~R3bn ÷ ~R80bn)Return on equity~15% (FY Jun-2025, down …
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South Africa’s Woolworths Exits Top 40 Stock Index as Shoppers Cut Back
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