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Woolworths Claimed "Solid" First-Half Sales for The Australian Retailer

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Core prompt: Woolworths Ltd CEO Grant O'Brien has claimed "solid" first-half sales for the Australian retailer and insisted its domestic food and liquor business had increased its market share. The company, Aus

Woolworths Ltd CEO Grant O'Brien has claimed "solid" first-half sales for the Australian retailer and insisted its domestic food and liquor business had increased its market share.

The company, Australia's largest retailer, booked a 4.8% rise in half-year sales from continuing operations, excluding petrol, to A$30bn (US$31.23bn) for the six months to 30 December.

O'Brien said Woolworths had a "sharpened focus on ... meeting customers' needs". He added: "The growth our businesses are achieving while pursuing a transformational path for Woolworths is pleasing. However, there is still a great deal more to do."

Sales from Woolworths' Australian food and liquor business were up 4.7% at A$20.5bn. Comparable-store sales increased 2.7%.

Woolworths' total supermarket division, which also includes stores in New Zealand, saw sales increase 3.7%.

Earlier this week, rival Coles reported a 3.8% rise in comparable-store sales from its food and liquor business in Australia.

 
 
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