Woolworths Group Ltd

WOW: XASX (AUS)
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Woolworths Earnings: Australian Supermarket Headwinds Well Telegraphed, but NZ and Big W Missed

Woolworths is cutting prices at supermarkets, while operating costs are still rising ahead of sales growth. Despite sales lifting 4%, these margin crunching effects, together with one-off industrial action, saw net profit before tax collapse 21% to AUD 730 million in the first half of fiscal 2025.

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