First Quarter Sales Results – Financial Year 2012
27.10.11 PRESS RELEASE First Quarter Sales Results – Financial Year 2012 2011 2012 Increase Statutory Statutory (%) (14 weeks) (14 weeks) First Quarter Sales ($m) Supermarket Division 11,875 12,564 5.8% Australian Food and Liquor 9,292 9,700 4.4% New Zealand Supermarkets (NZD) 1,378 1,420 3.0% New Zealand Supermarkets (AUD) 1,095 1,123 2.6% Petrol (dollars) 1,488 1,741 17.0% Petrol (litres) 1,297 1,333 2.8% General Merchandise Division 1,547 1,522 (1.6)% BIG W 1,066 1,037 (2.7)% Consumer Electronics 481 485 0.8% – Australia 333 326 (2.1)% – New Zealand (NZD) 84 80 (4.8)% – New Zealand (AUD) 67 63 (6.0)% – India 81 96 18.5% Hotels 311 323 3.9% Home Improvement 177 188 6.2% Total First Quarter Sales 13,910 14,597 4.9% Total First Quarter Sales (excl Petrol) 12,422 12,856 3.5% Woolworths Limited today announced first quarter sales of $14.6 billion – a 4.9% increase on the previous year. CEO Grant O’Brien said: “It was a solid start to the year considering retail conditions remain challenging.” “The retail sector continues to be impacted by a lack of consumer confidence which means we have to work harder for every dollar. General merchandise is particularly affected, especially when combined with the deflationary effects of the high Australian dollar.” “Highlights for the quarter included the pleasing 5.8% topline sales growth for our Supermarkets Division, as well as our Home Improvement Division sales growth of 6.2% that included one month of revenue from our first Masters store which traded well above expectations.” 1 SUPERMARKETS DIVISION Australian Food and Liquor Australian Food and Liquor sales for the quarter were $9.7 billion, an increase of $0.4 billion or 4.4% over last year.
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