
Woolworths Group posts modest Q1 FY2026 growth, flags room for improvement
âĒBy ADMIN
Related Stocks:WLWHY
Woolworths Group Limited reported a firstâquarter sales increase for the fiscal year 2026, but the result fell short of its own âaspirational goals.â According to the Q1 sales call transcript, the companyâs growth was driven by its eâcommerce operations and improvements in value and availability for customers. However, ongoing pressure in its core Australian Food segment and belowâgoal performance in some retail banners were acknowledged by management.
CEO Amanda Bardwell emphasised that while early signs are positive â especially online â there remains significant work ahead to regain momentum and deliver on longâterm strategic priorities. The retailer also highlighted key focuses such as cost savings, supplyâchain simplification and enhanced convenience for shoppers as it heads into the major Christmas trading period.
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