Woolworths profit drops despite strong e-commerce growth

Woolworths Group’s ‘disappointing’ FY25

Woolworths Group has reported sales of $69.1b in FY25, with EBIT (normalised) down 12.6 per cent on the previous year driven by Australian Food and Big W. Excluding the impact on Australian Food of industrial action of $95 million in H1, incremental supply chain commissioning and dual-running costs of $73 million and the acquisition of Petstock in the prior year, Group EBIT would have declined by 7.8% on a normalised basis. “After a highly disru…

Woolworths profit drops despite strong e-commerce growth

Woolworths has reported a 3.6 per cent rise in its group sales to $69 billion for the current financial year despite major disruptions in the first half of the year.