Woolworths has released its full year results for the period ended 30 June 2024 (F24), recording higher sales but lower earnings.
The retailer’s sales increased 5.6% (normalised: 3.7%) to $67.9 billion, while its...
Woolworths has released its 2024 third quarter results, with sales revenue increasing by 2.8% to $16.8 billion.
Across the retailer’s Australian food division, total sales increased 1.5% to $12.58 billion.
“It was a challenging...
Woolworths Group has agreed to sell 5% of the issued capital of Endeavour Group via a block trade at a price of $5.22 per share, generating proceeds of $468 million.
Following the sale,...
At its F24 half-year results announcement, Woolworths Group sales increased by 4.4% to $34.6 billion with Australian Food delivering the strongest growth for the half. In Q2, sales growth rates moderated in...
Woolworths Group has announced that Managing Director and Group CEO of Woolworths Group Brad Banducci has given notice of his intention to retire and, by agreement with the Board, will leave in...
Woolworths Group has announced two significant items to be recognised in its upcoming FY24 half-year results.
The significant items relate to the non-cash impairment of the carrying value of the New Zealand Food...
The Australian government has announced that it will direct the ACCC to conduct an inquiry into Australia’s supermarket sector.
The year-long inquiry will examine the pricing practices of the supermarkets, along with the...
Woolworths Group is calling for respect and courtesy from customers this holiday season.
This comes as the retailer’s team members continue to report “unacceptable levels” of verbal abuse and physical aggression in stores.
Since...
