ASX:WOWConsumer Retailing
Will Woolworths (ASX:WOW) Prioritize E-Commerce Over Core Categories Amid Performance Hurdles?
Woolworths Group Limited recently reported total group sales of A$18.48 billion for the first quarter of FY26, up 2.7% year-on-year, with e-commerce and B2B segments contributing most of the growth.
Despite higher sales, CEO Amanda Bardwell noted performance was below the company's expectations due to weaker results in pet and baby products and a large decline in tobacco sales, even as e-commerce sales improved.
We’ll now examine how management’s cautious tone and focus on category...