logo
  

Woolworths Q1 Total Sales From Cont. Opns Up 7.8%

Woolworths Group Limited (WOW.AX) reported that its group sales for the first-quarter declined 10.1% to A$16.07 billion from A$17.88 billion in the prior year. The prior year results have been restated to reflect the new Australian B2B segment and included A$22 million of external revenue previously classified withing COGS. But, total sales from continuing operations for the quarter were up 7.8%.

In Australian Food, total sales for the first-quarter increased by 3.9% year-over-year to A$12.27 billion.

New Zealand Food's quarterly total sales increased by 9.7% to NZ$2.06 billion from the prior year.

BIG W's total sales in the first-quarter decreased by 17.5% to A$920 million from the previous year.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The U.S. air travel industry is going through its worst crisis since the troubled travel time during the peek pandemic struggles, with thousands of flights across the country being cancelled or getting delayed. The aviation crisis, as millions are preparing to travel during the upcoming July 4th holiday weekend, is mainly attributed to the staffing issues at airlines, ... The U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS has issued a public health alert for Siluriformes products imported by Carlstadt, New Jersey- based Grand BK Corp. The products were imported from Korea, a country ineligible to export Siluriformes products to the United States. Blount Fine Foods is recalling a limited amount of Panera at Home Southwest Corn Chowder citing undeclared wheat allergen, the U.S. Food and Drug Administration said. The recall involves a single lot of 16 oz. product with UPC Code 077958690812, lot number 042122-2K and "Use By" date of 6/30/22 that comes around 2,569 cases in total. The recall is limited to 1 SKU of 16 oz.
Follow RTT