Core Insights - Woolworths Group reported a 2.7% increase in total group sales for Q1 FY26, driven primarily by e-commerce growth [1][5] - Total sales for the quarter reached A$18.48 billion ($12.22 billion), compared to A$18 billion in the same period last year [1] - E-commerce sales rose by 13.2% year-on-year, highlighting the growing importance of online shopping [1] Australian Food Segment - Total quarterly sales in Australian Food reached A$13.89 billion, a 2.1% increase from A$13.6 billion a year earlier [2] - Woolworths Food retail sales grew by 2%, or 3.8% when excluding tobacco sales [2] - Business-to-business (B2B) sales in Australia increased by 6.2% to A$1.56 billion, reflecting growth in the B2B food category [2] - Adjusted for a change in the retail calendar, sales growth was 2.2% [2] New Zealand Food Segment - New Zealand Food sales grew by 3.2% to NZ$2.19 billion ($1.26 billion), supported by e-commerce performance [3] - Comparable sales in New Zealand rose by 3.7% [3] - Sales at W Living increased by 3.3% to A$1.39 billion, while BIG W reported a 1% rise in total sales to A$1.14 billion [3] E-commerce Performance - E-commerce sales growth was noted at 12.9%, with on-demand growth being a highlight [4] - Sales delivered or picked up in under two hours increased by 39%, indicating a shift towards convenience for customers [4] Future Outlook - The company expressed cautious optimism for the upcoming key trading quarter, with plans for a refreshed seasonal range for the festive season [5]
Woolworths Group registers 2.7% growth in Q1 sales for FY26
Yahoo Finance·2025-10-29 10:18