Feb 24 (Reuters) - Woolworths Group Ltd (WOW) :
- EXPECT SALES TO DECLINE OVER MARCH TO JUNE PERIOD COMPARED TO PRIOR YEAR IN ALL OUR BUSINESSES
- HY ONLINE SALES UP 10.6% TO $35,845M
- FOR FY, EXPECT COVID-RELATED COSTS TO BE MATERIALLY BELOW PRIOR YEAR
- BEGINNING TO CYCLE INITIAL COVID DEMAND SURGE IN F20, WHICH WILL IMPACT SALES GROWTH IN H2 F21
- Q2 AUSTRALIAN FOOD COMPARABLE SALES UP 7.1%
- FOR H2, WILL CONTINUE TO ACCELERATE DIGITAL SHOPPING
- HOTELS' H2 EBIT IS EXPECTED TO BE WELL ABOVE PCP
- FOR FY, CENTRAL OVERHEADS EXPECTED TO BE $165-175 MILLION BEFORE ENDEAVOUR GROUP RELATED SEPARATION COSTS
- ADDITIONAL ENDEAVOUR GROUP SEPARATION COSTS IN H2 EXPECTED TO BE $45–50 MILLION
- SEPARATION OF ENDEAVOUR GROUP EXPECTED TO BE COMPLETED IN JUNE 2021
News: WOW Woolworths Sees Sales To Decline Over March To June Across Businesses
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