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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.
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ABC Australia broke the news in Ultimo, Australia on Tuesday, August 25, 2026.
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