Woolworths starts FY21 on a high by recording an 87% jump in total e-commerce sales


Woolworths has announced that group e-commerce sales jumped by 87% to AU$1.5 billion during the first quarter of 2021 financial year. For the period to 4 October 2020, the company achieved total group sales of nearly AU$18 billion, up 12.3% when compared to the corresponding period last year. "It has been a pleasing start to FY21 with all retail businesses delivering strong sales growth and customer metrics remaining solid," Woolworths group CEO Brad Banducci said. "COVID costs remain material as we continue to prioritise the safety of our customers and team but have moderated as we become more efficient at operating COVIDSafe." Of the total sales figure, the group's Australian food business accounted for AU$12 billion, a 13% jump from the same 14-week period last financial year that achieved AU$10.7 million.

  Country: Oceania > New Zealand (0.16)
  Genre: Press Release > Financial News (0.36)
  Technology: Information Technology > e-Commerce (0.65)

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