Latest news with #Easter-adjusted
Yahoo
05-05-2025
- Business
- Yahoo
Woolworths reports 3.2% sales growth in Q3 FY25
Australian supermarket giant Woolworths Group has disclosed a net sales figure of A$17.31bn ($11.14bn) for the third quarter of fiscal year 2025 (Q3 FY25), marking a 3.2% increase from the A$16.77bn reported in the corresponding quarter of the previous year. Despite weather disruptions, the group's e-commerce sales increased by 15.7% to $2.2bn, driven by on-demand convenience. The group has an array of brands under its umbrella. These include the supermarket chain Woolworths, the department store Big W, liquor retailers BWS and Dan Murphy's, as well as supermarket brand Countdown. Sales of the company's Australian Food business reached A$13.05bn, marking a 3.6% rise, driven by 3.4% surge in Woolworths Food Retail and a 15.0% jump in WooliesX operations including e-commerce. Woolworths Food Retail includes Woolworths Supermarkets, Metro, WooliesX B2C eCommerce, Woolworths at Work and MILKRUN. Sales originating from Woolworths Supermarkets for the third quarter climbed by 1.4% to A$10.67bn, or by 2.9% when excluding tobacco products. When factoring in Pick up e-commerce transactions, sales involving customer visits to stores exhibited a 2.6% increase. Despite some service disruptions, total e-commerce sales maintained robust growth at 16.3%, amounting to A$1.82bn. Sales in Metro stores rose by 5.4% to A$418m, largely due to the opening of new stores. WooliesX experienced a notable 15.6% growth in total sales in Q3 FY25, reaching A$2.39bn across all platforms. Specifically, WooliesX eCommerce sales expanded by 16.3%, while revenue from digital & media, rewards & services, and homerun grew by 13.5%. Australian B2B operations recorded total sales of A$1.44bn in Q3 FY25, marking a 6.3% increase year-over-year. The B2B food sector saw a 7.8% rise in sales to A$855m within the quarter. During the quarter ending 6 April 2025, New Zealand Food business reported a total sales increase of 4.8% to A$2.12bn or 4.4% considering Easter-adjusted figures. Franchise and other revenues within this business rose by 4.2%, driven by the addition of five new FreshChoice stores and the rebranding of ten SuperValue stores to FreshChoice over the past year. The segment's e-commerce sales soared by 24.3% to A$313m during Q3, with online penetration hitting 14.8%. In contrast, W Living's total sales for Q3 FY25 saw a decrease of 2.7% to A$1.22bn due to Easter timing affecting BIG W sales and divestments including 41 Petstock retail stores and 25 veterinary clinics that were part of the previous year's portfolio. Woolworths Group CEO Amanda Bardwell said: "With only two months until the end of our financial year, we remain focused on the priorities set out in February which include improving our retail fundamentals in value, availability and range, simplifying the way we work and unlocking the full potential of the Group. While the market remains competitive and consumer outlook uncertain, we are making progress in these areas and will provide a more detailed update at our full year results in August.' Last month, the Australian Competition and Consumer Commission cleared the proposed acquisition of Beak & Johnston (B&J) by Woolworths. "Woolworths reports 3.2% sales growth in Q3 FY25" was originally created and published by Retail Insight Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Perth Now
01-05-2025
- Business
- Perth Now
Sales items Aussies are looking for
Discounted items and bargain-hunting Aussies helped lift Woolworths' food sales, but cost-of-living pressures remain for customers, Australia's largest supermarket says. During an announcement to the ASX, Woolworths chief executive Amanda Bardwell said food sales were 'solid' despite moderating inflation, adverse weather conditions and industrial actions in the prior quarter. Woolworths said Easter-adjusted sales in the quarter increased by 3.6 per cent to $13.05bn on the back of an increase in promotional uptake by customers and growth in lower-priced items. The supermarket boss claimed Australians were still facing pressures at the checkout. 'Cost of living remains a concern for customers; however, customer scores were largely stable during the quarter and sales growth rates improved modestly across the group,' Ms Bardwell said. Woolworths has announced 'solid' third-quarter sales. NewsWire / Monique Harmer Credit: News Corp Australia Average prices in Woolworths' food retail operations, excluding tobacco, fell 0.5 per cent from a year earlier, marking a fifth consecutive quarterly decline. This comes as customers continue to look for cheaper or discounted items when shopping, dragging the average price of goods lower. The supermarket also flagged the impact of floods in Queensland and Northern NSW during the quarter that it estimated added up to $25m in additional costs from increased stock losses, higher transportation expenses and damage to its Hervey Bay supermarket. 'I would like to recognise the incredible efforts of our team to support weather-affected parts of Queensland and Northern NSW during the period,' Ms Bardwell said. 'This included airlifting essential items into Ingham and other communities isolated by floodwaters as well as the donation of groceries and essential items to local evacuation centres.' Woolworths' Coolangatta supermarket was stripped bare of essentials due to Cyclone Alfred. NewsWire / Glen Campbell Credit: NewsWire But Woolworths Group's Big W division is heading for a $70m loss for the second half. The company said clothing remained a challenge, with Q3 growth reliant on clearances of spring and summer clothing, while it announced a slower start for its autumn/winter range. The business's play division growth was driven by toys due to everyday low pricing and continued strong momentum in own brand (Somersault), which offset declines in gaming, office stationery and books. In a similar story, Coles chief executive Leah Weckert on Wednesday said the supermarket giant's sales data for the three months until the end of March showed customers had cut back on treats, including lollies, alcohol, reduced their meat intake and ditching bottled water. She also said customers were looking for heavily discounted stock to buy when on their weekly shop. 'Our most popular and well-performing specials would be the ones that are 40 to 50 per cent off,' Ms Weckert said. 'We have announced big promotions that are really relevant to customers instead of lots of small ones.'
News.com.au
01-05-2025
- Business
- News.com.au
Woolworths sales ‘solid' on back of bargain-hunting Aussies
Discounted items and bargain-hunting Aussies helped lift Woolworths' food sales, but cost-of-living pressures remain for customers, Australia's largest supermarket says. During an announcement to the ASX, Woolworths chief executive Amanda Bardwell said food sales were 'solid' despite moderating inflation, adverse weather conditions and industrial actions in the prior quarter. Woolworths said Easter-adjusted sales in the quarter increased by 3.6 per cent to $13.05bn on the back of an increase in promotional uptake by customers and growth in lower-priced items. The supermarket boss claimed Australians were still facing pressures at the checkout. 'Cost of living remains a concern for customers; however, customer scores were largely stable during the quarter and sales growth rates improved modestly across the group,' Ms Bardwell said. Average prices in Woolworths' food retail operations, excluding tobacco, fell 0.5 per cent from a year earlier, marking a fifth consecutive quarterly decline. This comes as customers continue to look for cheaper or discounted items when shopping, dragging the average price of goods lower. The supermarket also flagged the impact of floods in Queensland and Northern NSW during the quarter that it estimated added up to $25m in additional costs from increased stock losses, higher transportation expenses and damage to its Hervey Bay supermarket. 'I would like to recognise the incredible efforts of our team to support weather-affected parts of Queensland and Northern NSW during the period,' Ms Bardwell said. 'This included airlifting essential items into Ingham and other communities isolated by floodwaters as well as the donation of groceries and essential items to local evacuation centres.' But Woolworths Group's Big W division is heading for a $70m loss for the second half. The company said clothing remained a challenge, with Q3 growth reliant on clearances of spring and summer clothing, while it announced a slower start for its autumn/winter range. The business's play division growth was driven by toys due to everyday low pricing and continued strong momentum in own brand (Somersault), which offset declines in gaming, office stationery and books. In a similar story, Coles chief executive Leah Weckert on Wednesday said the supermarket giant's sales data for the three months until the end of March showed customers had cut back on treats, including lollies, alcohol, reduced their meat intake and ditching bottled water. She also said customers were looking for heavily discounted stock to buy when on their weekly shop. 'Our most popular and well-performing specials would be the ones that are 40 to 50 per cent off,' Ms Weckert said. 'We have announced big promotions that are really relevant to customers instead of lots of small ones.'
