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Too much money, according to some. Understandably, there was some head-scratching when Woolworths New Zealand last week reported a 42 per cent drop in pre-tax earnings, to $71 million in the six ...
Aug 23, 2023 · Text Size. After posting a A$1.6 billion (NZ$1.73 billion) full-year profit, Woolworths says it is “cautiously optimistic” moving forward despite evidence customers are cutting back on spending. The trans-Tasman grocery giant said group sales reached $64.3 billion, up 5.7 per cent while tax-paid profit from continuing operations improved 4. ...
Woolworths reported $4.1b in sales revenue across NZ Countdown stores alone, up 1.3 per cent from the previous period. Woolworths’ net profit jumped 14 per cent in the last half year, coming in ...
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Aug 28, 2024 · Woolworths New Zealand recognized total sales from food of around 8.17 billion New Zealand dollars in the year ended June 2024, representing a slight rise from the previous year, and a continued ...
Woolworths NZ, the owner of Countdown supermarkets, has posted an 11.2 per cent rise in net profit amid a looming probe into the price of groceries. The New Zealand division of ASX-listed ...
Aug 28, 2024 · 28th Aug 24, 12:35pm by Ella Somers. Woolworths New Zealand topped $8 billion in food sales during its 2024 financial year but its profits slumped 56%, which the grocery giant attributes to a competitive trading environment and cost of living pressures reducing customer spending. Woolworths NZ is the local arm of Woolworths Australia and was ...
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Woolworths Group (ASX:WOW) is navigating a dynamic period marked by substantial eCommerce growth and increased customer loyalty, but also facing valuation concerns and operational challenges. Recent developments include a robust 18.5% surge in eCommerce sales and a 3.7% rise in Australian Food sales, contrasted by struggles in the New Zealand ...
