25.10.2023 03:14:18 - dpa-AFX: Woolworths Q1 Group Sales Up 5.3%

CANBERA (dpa-AFX) - Woolworths Group Limited (WOW.AX) reported that its
first quarter group sales rose 5.3% to A$17.22 billion from A$16.36 billion in
the prior year.

In Australian Food, total sales for the first-quarter increased by 6.4%
year-over-year to A$13.08 billion.

Australian B2B sales increased by 1.5% compared to the prior year with growth
rates impacted by the exit of international businesses in the second-half last
year. Excluding the exited businesses, sales increased by 6.2% with PFD growing
by 9.3%.

New Zealand Food's quarterly total sales increased by 2.8% to NZ$2.06 billion
from the prior year.

But BIG W's total sales in the first-quarter decreased by 5.5% to A$1.13 million
from last year.

Looking ahead, the company said it has strong plans in place for the key
Christmas and holiday trading period and while sales trends in October to date
have remained broadly in line with the trend lines in the first quarter, the
trading environment remains uncertain and value for money remains a key focus
for its customers across allour businesses.

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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
WOOLWORTHS GROUP LTD. 886853 Frankfurt 19,800 07.06.24 08:20:00 +0,300 +1,54% 0,000 0,000 19,800 19,800

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