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Woolworths annual profit up 15% on strong food sales; shares rise 4.7%

Australian retailer posts A$1.60 billion net profit for FY27, citing 4.6% growth in domestic food sales and 15.9% e-commerce growth. Shares gain as dividend increases 15.5%.

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Priya Anand · Equities & Earnings Desk · 31 Aug 2026 · 04:15 · 1 min read
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Woolworths annual profit up 15% on strong food sales; shares rise 4.7%

Woolworths reported a more than 15% rise in annual attributable net profit before significant items, reaching A$1.60 billion for the 52-week period ended June 28, compared with A$1.39 billion a year earlier. Group sales increased 3.6% to A$71.5 billion, while earnings before interest and tax before significant items climbed 12.7% to A$3.11 billion.

The company cited stronger sales momentum in its Australian Food division, which rose 4.6% and contributed an 8.5% increase in EBIT. E-commerce sales surged 15.9%, driven by higher On Demand demand and improved profitability. BIG W returned to profit, while Petstock’s EBIT rose 33.5%. The group also highlighted the contribution of Disney Ooshies collectibles, which added an estimated 1.5 to 2 percentage points to growth.

Woolworths declared a fully franked final dividend of 52 Australian cents per share, bringing the full-year dividend to 97 cents, up 15.5% from the prior year. The retailer noted that customers remain focused on value amid ongoing pressure on household budgets.

In the first eight weeks of fiscal 2027, Australian Food sales increased 7.6%, with collectibles contributing an estimated 1.5 to 2 percentage points of incremental growth. The company’s Sydney-listed shares rose 4.7% to A$40.68 by 00:26 GMT following the results.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

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