Woolworths Group reported a 12.7% increase in earnings before interest and tax before significant items to $3.1 billion for the 52 weeks ended June 28, 2026, as group sales rose 3.6% to $71.5 billion. Net profit after tax climbed 15.4% to $1.6 billion, while return on funds employed improved by 2.7 percentage points to 16.4%.
The retailer’s Australian Food division, its largest segment, delivered a 4.6% sales increase to $53.9 billion, with EBIT up 8.5% to $2.95 billion. Growth accelerated in the second half to 5.7%, supported by strong demand for fresh food and the Disney Ooshies campaign, which added an estimated 1.5 to 2 percentage points to sales in the first eight weeks of FY2027. New Zealand Food sales grew 2.5% in local currency to NZD 8.5 billion, though EBIT fell 7.7% in the second half.
BIG W returned to profitability with an EBIT of $64 million, compared to a $31 million loss a year earlier, driven by an 83.7% surge in Market sales. Australian B2B sales rose 4.2% to $6.0 billion, with EBIT up 13.0% to $155 million. Petstock reported a 5.8% comparable sales increase, while eCommerce growth reached 24% and own-brand sales climbed 27%.
Digital adoption continued to accelerate, with average weekly digital visits up 22.9% to 14 million. Over 70% of eCommerce orders were placed via the app in the fourth quarter, and connected digital customers spent 2.4 times more than in-store-only shoppers. The Olive AI assistant attracted more than 1 million unique users, while Scan&Go digital trolleys expanded to 52 stores.
Woolworths maintained its pricing strategy, with the Lower Shelf Price program covering over 800 products and average price reductions of roughly 16%. Q4 average prices declined 0.8%, marking the first quarterly decline excluding tobacco. Everyday Rewards membership reached 10.8 million, with a 13% increase in members accessing Boost offers.
Capital expenditure totaled $1.84 billion in FY2026, down from $2.02 billion, with FY2027 spending projected at $1.9 billion to $2.0 billion. The Sydney Chilled facility, expected to open in H2 FY2027, carries an estimated capital cost of $900 million. Net debt to EBITDA improved to 2.5 times from 2.8 times a year earlier, while the group declared a fully franked final dividend of 52 cents per share, up 15.6%.
