Woolworths Group Ltd (AU:WOW) has released an update.
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Woolworths Group Ltd has reported a 3.7% normalized sales growth in their full-year results, highlighting a significant contribution from digital and e-commerce services. The company has also returned value to shareholders with a special dividend following a strategic stake sale, while anticipating a challenging trading environment ahead. CEO Brad Banducci expressed optimism in the Group’s future, led by incoming CEO Amanda Bardwell, despite current customer financial stress.
For further insights into AU:WOW stock, check out TipRanks’ Stock Analysis page.
