
Woolworths records $1.14B full-year profit
- Woolworths Group reported an 18.1% surge in full-year net profit to $1.14 billion following strong momentum in its core Australian food unit.
- The grocery giant declared a final dividend of 52 cents per share, representing a 15.6% increase over the previous financial year.
- Growth was driven by a 15.9% expansion in e-commerce sales alongside above-store cost reductions across group operations.
Woolworths Group (ASX:WOW) posted total group sales of $71.54 billion for the FY26 financial year, marking a 3.6% increase compared to the prior period and reflecting growth in Australian Food, with all segments reporting sales growth on the prior year.
Group NPAT after significant items increased by 18.1% to $1.14 billion, with EBIT climbing 12.7% to $3.11 billion.
"Sales momentum together with strong productivity and cost discipline has delivered solid EBIT growth with an increased contribution from all trading segments," said Woolworths Group CEO Amanda Bardwell.
Australian food sales increased by 4.6% in FY26, while New Zealand food sales increased by 2.5%, with EBIT increasing by 8.8% on the prior year.
Following the announcement, the Woolworths Group share price was down at $38.85.
The final dividend per share of 52 cents increased by 15.6% from a year ago, bringing the total dividend per share for FY26 to 97 cents per share.
The retailer delivered cost savings during the period that reduced the group cost of doing business by 24 basis points.
The group operates supermarket chains, liquor retailer Endeavour Group (ASX:EDV), and retail ventures across Australia and New Zealand.
