Woolworths Group Ltd ( (AU:WOW) ) has provided an update.
Woolworths Group Ltd reported a 3.7% increase in group sales for the half-year ending January 5, 2025, despite a 14.2% decline in EBIT due to industrial action and increased supply chain costs. The company is focusing on improving customer metrics, simplifying operations, and enhancing retail fundamentals to navigate cost-of-living pressures and enhance its market position.
More about Woolworths Group Ltd
Woolworths Group Ltd is a major player in the retail industry, primarily focusing on food and grocery products. The company operates in both Australia and New Zealand, with a market focus on providing value to customers through competitive pricing and a diverse range of products.
YTD Price Performance: -3.30%
Average Trading Volume: 1,265
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $24.12B
See more data about WOW stock on TipRanks’ Stock Analysis page.