Woolworths store

WOOLWORTHS Holdings' group sales for the full year increased by 11,8% year on year.

Sales in comparable stores grew by 7,1% for the 52 weeks to June 24, the group said on Tuesday.

The company also advised that it expects both earnings per share and headline earnings per share to be between 20% and 30% higher than the corresponding reporting period last year.

In a trading statement, the group advised that clothing sales in South Africa grew by 12,6%, with a price movement of 6,5%. Sales in comparable stores grew by 5,9%.

Food sales grew by 11,9% with a price movement of 6,4%. Sales in comparable stores grew by 7,8%.

General merchandise grew by 7% and by 4,7% in comparable stores.

CEO Ian Moir said last year that Woolworths would make a big push into Africa and planned aggressive growth in space locally. Woolworths' retail space, including in Africa, grew by 3,6% year on year, net of closures and excluding franchise conversions.

The group's year-end results will be released on or about August 23.