2 May 2018
$ MILLION |
2018 |
2017 |
change |
Easter-Adj Change |
COMP Growth |
Easter-Adj COMP GROWTH |
---|---|---|---|---|---|---|
|
|
|
|
|
|
|
Australian Food |
9,571 |
9,144 |
4.7% |
4.2% |
4.4% |
4.0% |
Endeavour Drinks |
2,004 |
1,875 |
6.9% |
4.3% |
6.1% |
3.3% |
New Zealand Food (AUD) |
1,509 |
1,482 |
1.9% |
2.2% |
|
|
New Zealand Food (NZD) |
1,633 |
1,579 |
3.4% |
3.7% |
3.5% |
3.8% |
BIG W |
770 |
747 |
3.2% |
(1.3)% |
3.3% |
(1.2)% |
Hotels |
390 |
376 |
3.3% |
4.0% |
3.2% |
3.9% |
Total third quarter sales from continuing operations* |
14,244 |
13,660 |
4.3% |
3.4% |
4.4% |
3.6% |
Discontinued operation – Petrol |
1,215 |
1,218 |
(0.3)% |
0.2% |
(1.3)% |
(0.8)% |
Woolworths Group CEO, Brad Banducci said: “We are pleased with the progress we are continuing to make against our key priorities as we pivot from turnaround to transformation. We remain energised by the number of opportunities we see to continue to improve our business.
“Woolworths Group’s sales performance remained strong in the third quarter of FY18 despite cycling much improved prior year growth. Australian and New Zealand Food’s Easter-adjusted comparable sales increased 4.0% and 3.8% respectively despite the impact from the timing of New Year’s Day. Endeavour Drinks’ Easter-adjusted comparable sales increased by 3.3%. The BIG W turnaround is still a work in progress with sales declining marginally on an Easter-adjusted basis in the quarter.
“Our focus for the remainder of FY18 is on delivering consistently good shopping experiences across all stores and days of the week, embedding current strategic initiatives including ‘Simpler for Stores’ and continuing to improve our digital experience.”
Click here to view the full results.