Woolworths Holdings Ltd was founded in 1931 and has its headquarters in Cape Town, South Africa. Woolworths on the JSE under the stock symbol WHL.JO. Through its subsidiaries, Woolworths operates a chain of retail stores based in sub-Saharan Africa, Australia and New Zealand. Operations are done through seven primary segments namely Woolworths Fashion, Beauty and Home, Woolworths Food, Woolworths Logistics, Woolworths Financial Services, and a few others. Its product portfolio includes food, clothing, homeware, beauty and lifestyle products, and general merchandise, operated within department stores. There are around 643 stores in South Africa and 88 others spread across Africa.
Share price summary
WHL.JO stocks are currently priced at $3 947 after an opening on $4 001. The current bid price on WHL.JO is $3 942 while the ask is $3 943. When viewing WHL.JO stock prices for the past year, it is clear to see this stock has delivered a stable performance with very few drastic dips and rises on the way. On November 12 last year, the stock price was $5 775. It experienced a slow decrease from November 22, from a price of $5 883 to the low price of $2 558 on March 23. On March 23, Pres Cyril Ramaphosa implemented a nationwide lockdown which resulted in a majority of businesses not classified as essential services, closing. After March 23, the stock price for WHL.JO steadily increased, but did not manage to get back to the same heights it had enjoyed a year ago.