Woolworths 3Q18 sales rise

Company News

by Anna Napoli

Woolworths (ASX:WOW) has announced its 3rd quarter Australian food sales have grown by 4.7 per cent compared to the same period last year.

Meantime, New Zealand Food’s sales have increased by 3.4 per cent for the quarter to NZ$1.6 billion

Big Ws sales went the other way declining 3.2 per cent for the period.

Woolworths says Big W’s turnaround is still a work in progress, with sales impacted by NSW school holidays and New Years Day.

Shares in Woolworths (ASX:WOW) are trading 0.79 per cent higher to $27.96.

Subscribe to our Daily Newsletter?

Would you like to receive our daily news to your inbox?