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Woolworths Group Limited (ASX:WOW)

ALERT: Price-sensitive ASX Announcement for WOW
Current share price for WOW : $38.860 7.32 (23.21%)+
Announcement
Release
25 Feb 2026 9:20AM
Price at Release
$31.540
Full Release
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Summary
Woolworths Group Limited announced its half-year results for the 2026 financial year, highlighting a strong performance across its segments with significant growth in EBIT and eCommerce sales, despite a drop in NPAT when accounting for significant items. The group saw a 3.4% increase in total sales, with Australian Food sales rising by 3.6%. The company delivered on cost-saving initiatives, achieving AUD 400 million in productivity gains and announced a 15.4% increase in interim dividends. Strategic investments were made in digital enhancements and supply chain improvements, while significant expenses related to team member remediation impacted the financial outcome.
Key Points
  • Woolworths Group Limited reported a 16.4% increase in net profit after tax (NPAT) before significant items, while NPAT after significant items fell by 49.4%.
  • Group sales grew by 3.4% to AUD 37.1 billion.
  • Australian Food sales increased by 3.6% to AUD 27,626 million.
  • Group earnings before interest and tax (EBIT) before significant items rose by 14.4% to AUD 1,660 million.
  • Woolworths' eCommerce sales saw a growth of 14.6%, attributed to strategic digital investments.
  • The company achieved AUD 400 million in cost savings through productivity improvements.
  • Woolworths declared a fully franked interim dividend of 45 cents per share, a 15.4% increase from the previous year.
  • The company focused on enhancing its fresh food offerings and increasing customer engagement through new rewards programs.
  • Woolworths invested in expanding its store network and improving its supply chain capabilities.
  • Significant expenditure related to the remediation of salaried team member underpayments was a key factor affecting financial results.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.