Earnings Alerts

Woolworths Ltd (WOW) Earnings: FY Sales and Income Meet Estimates

  • Woolworths Group’s Fiscal Year sales reached A$67.92 billion, slightly surpassing the estimate of A$67.34 billion.
  • Australian Food sales were A$50.74 billion, compared to the expected A$50.49 billion.
  • The company’s net income was A$108 million.
  • Net Profit After Tax (NPAT) before significant items was A$1.71 billion.
  • EBIT (Earnings Before Interest and Taxes) before significant items totaled A$3.22 billion, exceeding the estimate of A$3.17 billion.
  • EBIT for Australian Food amounted to A$3.11 billion.
  • Australian B2B EBIT was A$122 million, higher than the estimated A$111.5 million.
  • New Zealand Food EBIT came in at A$100 million.
  • Big W EBIT was significantly lower at A$14 million, falling short of the A$54.7 million estimate.
  • The final dividend per share was declared at A$0.57.
  • Analyst ratings: 5 buy recommendations, 10 hold, and 1 sell.

A look at Woolworths Ltd Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth3
Resilience2
Momentum3
OVERALL SMART SCORE2.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Woolworths Ltd has a fairly positive long-term outlook. With above-average scores in Dividend, Growth, and Momentum, the company shows promise for potential investors. The company’s strong performances in these areas indicate stability in its dividend payouts, potential for future growth, and positive market momentum.

Although Woolworths Ltd has room for improvement in Value and Resilience, its overall outlook remains relatively positive. Woolworths Limited is a diversified company operating supermarkets, specialty and discount stores, liquor and electronics outlets, as well as a range of other services such as food manufacturing and petrol retailing. Their operations in various sectors contribute to their overall resilience in the market.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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