Published: 30 October 2026
Woolworths reported group sales growth of 4.7% and Australian Food segment sales growth of 6.9% for 1Q27. While these are strong results for a mature retailer, the growth rates are likely to fade from here. We expect comparable sales growth in Woolworths Food to ease back to 4.8% in 2Q27e and then hover near that level for the remainder of FY27e. While Food momentum is good, Big W and New Zealand are small detractors because the weak sales trends will limit their margin recovery.
Not already a member?
Join now to get all the latest reports in full and stay informed.