Retail giant Woolworths (ASX:WOW) has reported net profit after tax of $1.7 billion for the 12 months to June 24, up from $1.5 million last year that’s a 12.5 per cent increase.
Group sales from continuing operations are up 3.4 per cent to $56.7 billion from $54.8 billion on the same corresponding period last year.
Group EBIT from continuing operations up 9.5 per cent to $2.5 billion.
The company's department store chain, Big W, ran at a $110 million EBIT loss, an improvement from last year when it lost $151 million.
They announced a dividend per share of $1.03 including 10 cents special dividend, up 22.6 per cent from last year.
Shares in Woolworths (ASX:WOW) closed 0.34 per cent lower to $29.60 on Friday.