Woolworths Profit Jumps 18 Percent to $1.1 Billion

Woolworths CEO Amanda Bardwell said improved customer service, lower prices and better execution had driven sales momentum.

Woolworths Profit Jumps 18 Percent to $1.1 Billion

TL;DR

  • Woolworths reported an 18.1% rise in full-year net profit to over $1.1 billion.
  • Shares increased by approximately 4.7% on the Australian Stock Exchange (ASX).
  • CEO Amanda Bardwell highlighted improved customer service, lower prices, and better execution as drivers of sales momentum.