Australia's Woolworths posts 7% rise in Q1 sales


Oct 30 (Reuters) - Woolworths Group Ltd WOW.AX, Australia's largest supermarket chain, posted a 7.1% rise in first-quarter sales on Wednesday, helped by its widely popular collectible toys promotion.

Total sales from continuing operations came in at A$15.90 billion ($10.91 billion) for the three months ending Sept 30, up from A$14.85 billion an year earlier.

The company's grocery sales rose 6.6% on a comparable-store basis, which excludes store openings and closures.

($1 = 1.4569 Australian dollars)

(Reporting by Ambar Warrick and Niyati Shetty in Bengaluru; Editing by Shailesh Kuber)

((; +91-80-6749-6625; Reuters Messaging:

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


More Related Articles

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.