Woolworths Recent Sales Jump, Lifts Final Dividend by 16%
MorningStar·
- Woolworths reported an 18% increase in fiscal 2026 statutory net profit to A$ 1.14 billion on revenue of A$ 71.54 billion, while lifting its final dividend by 16% to 52 Australian cents per share.
- Australian food sales grew by 7.6% in the first eight weeks of fiscal 2027, driven partly by a successful Disney promotional campaign that added about 1.5 to 2.0 points of incremental sales growth.
- Chief Executive Amanda Bardwell noted that customers remain value-focused amid cost-of-living pressures and elevated wage growth, as the company faces stronger competition from outside retailers.