Australian supermarket operator Woolworths has posted an 8.4% rise in first-quarter sales from continuing operations, but pointed to weak growth in its food and liquor division.
Go deeper with GlobalData
Total sales from continuing operations were A$7.1bn (US$5.0bn) for the first-quarter to 5 October, with the company’s food and liquor division contributing $5.7bn, a rise of 2.8% compared to the previous year.
Woolworths’ supermarkets division, made up of the food and liquor division plus the petrol business, posted sales up 7.9% to $6.2bn, reported Reuters.
Woolworths has around 38% of Australia’s $65bn retail food market, while its main rival, Coles Myer, has around 31%.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
