Nov 4 (Reuters) - Woolworths Group Ltd (WOW) :
- QTRLY AUSTRALIAN FOOD COMPARABLE SALES GROWTH 11.5%
- Q1 AUSTRALIAN FOOD SALES $ 12,033 MILLION VERSUS $10,663 MILLION
- EXPECT ELEVATED SALES & COSTS TO CONTINUE FOR REST OF CALENDAR YEAR
- Q1 TOTAL SALES $17,853 MILLION VERSUS $15,903 MILLION
- ALH VENUES WILL REOPEN ON 9 NOV
- TOTAL COVID COSTS CONTINUED TO MODERATE IN Q1'21 TOTALLING $176 MILLION
- OTHER THAN SUPPLY CHAIN, SPEND IN ALL COST CATEGORIES WAS BELOW Q4'20 IN QUARTER
- FOR AUSTRALIAN FOOD, ECOMMERCE SALES INCREASED 100.0% TO $961 MILLION WITH SALES PENETRATION IN QUARTER REACHING 8.0%
- IN Q1'21, $164 MILLION PAID TO REMEDIATE SALARIED TEAM MEMBERS FOR SALARY PAYMENT SHORTFALLS
- DESPITE VICTORIAN CLOSURES, HOTELS WAS PROFITABLE IN Q1 BUT MATERIALLY DOWN ON LAST YEAR
- IN OCT, AUSTRALIAN FOOD COMP SALES GROWTH WAS IN HIGH SINGLE-DIGITS, MODERATING OVER THE MONTH
Source text https://bit.ly/2HWB2RQ
(([email protected];))
News: WOW Woolworths Posts Q1 Australian Food Sales $12,033 Million
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