Food inflation shows no sign of moderation in the short term but woolworths says it is trying to return to normality after a financial year beset with challenges. $WOW 7NEWS
Woolworths announced a net profit after tax of $1.51 billion for the 52 weeks to June 26, up 0.7 per cent from the prior year.AAP
Sales at Woolworths’ Australian supermarkets were up 4.5 per cent to $45.5b, with EBIT up 0.3 per cent to $2.4b.Banducci said the second half was much better than the first, and the supermarket giant was entering FY23 “with a renewed sense of purpose”. Active customers of its shopping app grew 22 per cent to 840,000, while its Everyday rewards program users were up 4.8 per cent to 13.7 million.
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