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Woolworths Group Provides Third Quarter Sales Results

03 May 2022  |  08:52:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Third Quarter Sales Results

Woolworths Group provided third quarter sales results. Its Supermarkets (store-originated) sales for the quarter were $10bn, up 2.4% (3.7% excluding Tobacco). Metro Food Stores sales (store-originated) for the quarter increased 7.3% to $241m and WooliesX B2C eCommerce sales increased 38.1% to $1.1bn, with sales penetration of 9.9%. Adjacency revenue was $50m (Q3 FY 2021: $32m), with growth largely driven by the recognition of revenue from Endeavour Group for partnership services post demerger.

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