Woolworths Holdings Limited revised earnings guidance for the 26 weeks ended Dec. 24, 2017. The company announced that shareholders are referred to the announcement released on the Stock Exchange News Service (SENS) on 15 January 2018, wherein the Group advised that earnings per share (EPS) for the 26 weeks ended 24 December 2017 are expected to be more than 20% (69.0 cents) lower than the 345.1 cents reported for the 26-week period ended 25 December 2016 (the prior period). The re-assessment of the carrying value of the David Jones assets has now been completed and a non-cash impairment charge of AUD 712.5 million will be recognised. This reflects the cyclical downturn and structural changes that have impacted performance across the Australian retail sector. The impact of these changes has been exacerbated by poor or delayed execution in certain key initiatives. The Board remains committed to the transformation of David Jones, the resolution of executional issues and will continue to invest in the business. After considering the re-assessment of the carrying value of the David Jones assets and the impact of the AUD 172.6 million profit on disposal of the David Jones Market Street property in the prior period, EPS growth for the 26-week period ended 24 December 2017 is now expected to be within the range of negative 240% to 250%. The expected LPS in the range of 483.1 cents to 517.7 cents. The guidance provided for headline earnings per share (HEPS) and adjusted diluted HEPS, for the 26-week period ended 24 December 2017, as reported on SENS on 15 January 2018, remains unchanged.