Woolworths’ Q1 F23 sales impacted by COVID cycling

Date : 03 November 2022

Soo-Eng Tan

Senior Analyst

Woolworths Group Q1 F23 sales is up 1.2% to AUD16,583m (US$10,549m) but food businesses sales are below the prior year. Australian Food sales declined despite higher prices Australian Food is down 0.5% to AUD12,204m (US$7,763m) while like-for-like sales declined by 1.1%. Average prices…
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