Woolworths Full Year Result 25 Aug 16: WOW posts a big loss while green shoots start to appear

Woolworths (WOW) posted a slightly worse than consensus $1.2bn loss for the year to June 2016. The result was driven by write-downs and costs associated with its Home Improvement business, which wiped out ~$3bn in earnings and it is in the process of exiting. 

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