Woolworths Return on Equity in 2023 was 25.7%
This is a reduction from the 28.1% in 2022.
Woolworths Net Profit Margin in 2023 was 2.6%, down from the 2.8% in 2022.
According to www.intelligentinvestor.com.au
Full financial reports for Woolworths can be seen at: https://www.woolworthsgroup.com.au/au/en/investors/our-performance/reports.html
From the reports in the news, Woolworths have reported $1.62bn in profits, while Coles reported $1.1bn, for the last year.
Woolworths net profit increased 4.6% to $1.62bn for the full financial year, while overall sales hit $64.29bn.
That’s 2.5 cents in profits for every dollar in … Read the rest
From September 2023, Woolworths will be reducing their maximum Cash-Out option at the till down to $200. This appears to be a reduction from the previous $500 limit.
Part of the reason is due to less cash being available these days, due to fewer people choosing … Read the rest
In 2016 (2-3 years ago) Woolworths were selling Hot Roast Chickens for $11 each. They are now ONLY $1 cheaper, at $10 each.
Why this post? Because others are complaining that Roast Chicken discounting is coming to an end, and a Hot … Read the rest
Woolworths increased its share of the Australian Grocery market by 0.8% in 2017 to hold a 32.2% share. ALDI also increased by the same 0.8%, whilst Coles only increased by 0.1%. IGA lost 1.1% and the other supermarkets gained 0.2%. Non Supermarkets … Read the rest
One of the major Australian Supermarkets is Woolworths’, which is part of the Woolworths’ Australia group.
As at July 2009, Woolworths’ held 31% of the … Read the rest
