Woolworths Group FY26 earnings: Sales, profit and dividend all grow
Woolworths said a value push, 18% profit growth and a return to profit at Big W helped lift earnings ahead of rival Coles.
- On Wednesday, Woolworths Group reported an 18% profit surge to $1.138 billion for the 2026 financial year, with sales growth outpacing rival Coles Group during the period.
- A return to profitability for Big W with $64 million in earnings, combined with the "Big Price Drops" campaign and Disney Ooshies collectables, drove the company's strong results.
- Australian food sales at Woolworths increased 4.6% to $53.9 billion, while Coles reported supermarket sales rose 3.7% to $41.5 billion; eCommerce sales jumped 18% as customers shifted to same-day delivery.
- CEO Amanda Bardwell told reporters shoppers have entered a "new reality of entrenched value-seeking," with the company focused on low prices to remain customers' first choice.
- Sales momentum continues into the new financial year with food sales growing 7.6% over July and August, though management expects challenging economic conditions to persist as household budgets remain under pressure.
11 Articles
11 Articles
In Australia, Disney’s Ooshies send Woolworths whooshing ahead of Coles
Ooshies were not just fun to collect – the tiny plastic Disney figurines were powerful enough to move sales between Australia’s supermarket giants. Woolworths Group said on Wednesday that Australian food sales jumped 7.6 per cent in the first eight weeks of the 2027 financial year, with its Ooshies promotion contributing an estimated 1.5 to 2 percentage points of growth. That accelerated from 4.6 per cent sales growth in the 2026 financial year.…
Sydney Morning Herald
Woolworths doesn’t need Ooshies effect to beat Coles, says CEO
Woolworths’ winter sales have been boosted by its wildly popular Ooshies collectables campaign, building on a 4.6 per cent increase in Australian food sales to $53.85 billion in the 2026 financial year. Profits rose 18.1 per cent to $1.14 billion.
Kids' toy craze and Big W success help push Woolworths to $1.1b profit
Woolworths has seen its headline profit surge by 18 per cent to $1.1 billion, while Australia's private credit woes have deepened as a large investment firm imposes redemption limits. Follow live.
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