Investor Presentaiton
Current trading and outlook
Continuing to invest in our customers, team and platforms
Sales in the first eight weeks of F24 showing similar trends to Q4 F23 with solid
growth in Food but BIG W sales declining, reflecting cost-of-living pressures
Woolworths Food Retail sales up ~6.5%¹ with inflation moderating and low single-
digit item growth. F24 EBIT growth needs to be viewed in the context of cost
inflation and a strong focus on delivering value for our customers
New Zealand Food sales up ~4.5%1. Short-term outlook remains challenging
BIG W sales down ~6%¹. The outlook for the remainder of the year is uncertain but
trading in Q2 will be key to the full year results
Continuing to invest to deliver value for our customers including actively helping
them to Spend Less this Spring
Woolworths
Group
1 Sales for the first eight weeks of F24View entire presentation