Woolworths turnaround to take longer and cost more

By Sue Mitchell
Updated July 26 2016 - 3:19pm, first published 1:30pm
Analysts says Woolworths' turnaround under CEO Brad Banducci will take longer and cost more than expected. Photo: Louie Douvis
Analysts says Woolworths' turnaround under CEO Brad Banducci will take longer and cost more than expected. Photo: Louie Douvis

Woolworths' turnaround will take longer and cost more than originally expected, according to analysts, who have downgraded profit forecasts following new chief executive Brad Banducci's strategic review.

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