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Woolworths Group Reports Revenue Growth Despite Profit Decline

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Woolworths Group Reports Revenue Growth Despite Profit Decline

Woolworths Group Ltd ( (AU:WOW) ) has provided an update.

Woolworths Group Ltd has released its Half-Year Financial Report for the period ending January 5, 2025, showing a 3.7% increase in revenue to $35,930 million. However, the profit attributable to equity holders before significant items decreased by 20.6% to $739 million. The company declared a 2025 interim dividend of 39 cents per share, with the Dividend Reinvestment Plan remaining active. Woolworths also incorporated two new entities during the reporting period, expanding its operations in the United States and Australia.

More about Woolworths Group Ltd

Woolworths Group Ltd is a prominent player in the retail industry, primarily focusing on supermarkets, liquor retailing, and general merchandise. The company operates predominantly in Australia and New Zealand, catering to a wide range of consumer needs through its extensive network of stores.

YTD Price Performance: -3.30%

Average Trading Volume: 1,265

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $24.12B

For an in-depth examination of WOW stock, go to TipRanks’ Stock Analysis page.

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