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3 results for “woolworths”
Woolworths Group reported Q3 sales of A$18.10 billion, beating expectations, but shares dropped nearly 10% as the company warned that rising fuel costs and geopolitical tensions will impact profit margins.
The S&P/ASX 200 index rose nearly one percent on Tuesday, recovering from a seven-week low following the de-escalation of geopolitical tensions. Strong performances from Woolworths and Tuas, combined with a slight rise in consumer sentiment, supported the market's much-needed bounce.
Coles Group reported a 3.1% increase in total sales to $10.7 billion for the third quarter of 2026, supported by a 24.8% jump in eCommerce revenue and 4.0% growth in supermarkets.