Woolworths Australian food division (supermarkets plus online) reported sales of $25.9 billion for the half-year ended 31 December, up 5.4pc on the same period last year, while pre-tax earnings reached $1.57 billion (up 9.9pc).
The strong supermarket division result comes as both Woolworths and its major national retail competitor Coles face mounting scrutiny over retail food pricing and margins, especially in the face of dramatically lower livestock prices during the back half of 2023.
Brad Banducci
In a major surprise to the market, Woolworths managing director and chief executive…
