Woolworths sales increase in the first quarter

Woolworths sales increased 3.2% in the first half of the financial year, the company announced this morning.

The increase was mostly due to a 3.7% jump in sales from the supermarket division, while food and liquor sales grew by 4.7% to $20.48 billion.

However, total petrol sales fell by 1.2% to $3.434 billion.  

In a statement, Woolworths chief executive Grant O’Brien said the sales result was solid and it reflected a more focused effort on behalf of the business.  

“The growth our businesses are achieving while pursuing a transformational path for Woolworths is pleasing,” he said.  “However, there is still a great deal more to do.”

The business also mentioned online sales increased by 40%.

This story was first published on LeadingCompany’s sister site, SmartCompany


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