Woolworths Limited (ASX:WOW) has posted 3.8 per cent growth in its third quarter total group sales.
The supermarket giant generated sale of $14.07 billion in the 13 weeks to April 1, 2012, beating expectations.
CEO Grant O'Brien says the result was achieved in a continuingly tight consumer market, impacted by natural disasters and accelerating deflation.
While Woolies saw improving sales trends it remains cautious about the sales outlook for the fourth quarter, due to consumer and business uncertainty about the impact of the carbon tax and interest rates.
Woolworths net profit fell 17 per cent to $975 million in the first half of its 2012 financial year.
