• Performance improvement across the Group with all segments growing EBIT on the prior year
• Customer momentum building through investment in value, fresh and convenience in Australian Food
• Sales growth improvement and market share stabilisation in Q2, driven by item growth

Woolworths Group Limited reported strong half-year results for the period ended 4 January 2026. Group sales increased by 3.4% and EBIT before significant items increased by 14.4%, with all segments reporting sales and EBIT growth on the prior year. Australian Food sales increased by 3.6%, with Woolworths Food Retail sales (excluding industrial action impacts in the prior year and Tobacco) increasing by 4.3%. Sales momentum improved in Q2 with strong eCommerce growth and improved in-store item trends. Australian Food H1 EBIT increased by 9.9% (3.5% excluding industrial action and supply chain transition costs) with the EBIT margin up 32 basis points. In New Zealand Food, EBIT increased 22.4% compared to the prior year following progress on its ongoing transformation. Australian B2B sales increased by 4.9% with EBIT up 14.6%, driven by strong growth from PFD and PC+. W Living sales increased by 2.7% with EBIT up 186%, reflecting a more profitable half for BIG W. Group NPAT before significant items increased 16.4%. After significant items, NPAT declined by 49.4%, primarily due to an increase in the provision for salaried team member remediation. The dividend per share of 45 cents increased by 15.4%. Trading in the first seven weeks of H2 has been strong in Australian Food, with sales growth of 5.8% (7.2% excluding Tobacco). While customers remain value-focused and the market highly competitive, reported F26 EBIT growth for Australian Food is expected to be at the upper end of the mid-to-high single digit range.

Reported F26 EBIT growth for Australian Food is expected to be at the upper end of the mid-to-high single digit range.

Woolworths Group remains focused on demonstrating competitive advantage in a rapidly changing world to deliver long-term sustainable growth. The company's transformation in New Zealand Food and BIG W is expected to continue, although the economic and competitive environment in New Zealand remains challenging.