Woolworths Australian food sales up 6.9% in first quarter
Woolworths reported a 6.9% rise in Australian food sales in its first fiscal quarter, while group sales grew 4.7% to AU$19.4 billion.
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what happened
Woolworths said sales of food in its Australian supermarkets rose 6.9% in the fiscal first quarter, according to Dow Jones Newswires. Growth held up after its popular Disney promotion ended, and momentum carried into October.
Group sales for the 14 weeks to October 4 reached AU$19.4 billion (US$13.6 billion), up 4.7%, or 5.7% excluding currency swings. Average shelf prices fell again as the company cut prices on several products to ease pressure from higher fuel costs and elevated interest rates. New Zealand food sales rose 2.9%, business-to-business sales grew 4.4%, and BIG W sales declined 0.9%.
why it matters
The signal for markets is mixed: grocery retail is holding up, but discretionary retail and food service are weakening as household budgets stay under pressure. Steady sales growth at Australia's largest retailer matters for the consumer sector, though lower prices could weigh on margins.
market impact
Woolworths shares: strong grocery sales support the stock, while weak BIG W and food service weigh
- Woolworths shares (ASX: WOW) mixed — strong grocery sales offset weakness at BIG W and food service
tags
instruments
sources
- Woolworths's Australian Food Sales Rise 6.9% in 1Q — Dow Jones Newswires, 27 October 2026 at 21:45 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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