Woolworths Group (WOW) AGM 2025 summary

Opening remarks and agenda

• Chair welcomed attendees, acknowledged traditional owners, and outlined meeting procedures and emergency protocols.

• Shareholders could participate both in person and online, with clear instructions for voting and Q&A.

• CEO addressed the company's 100 years of serving Australians and New Zealanders.

Financial performance review

• Group sales reached $69.1b, up 3.6% vs. F24; eCommerce sales were $9.1b, up 17.1% vs. F24.

• FY 2025 Group EBIT before significant items declined by 12.6%, mainly due to cost-of-living pressures, price reductions, and supply chain disruptions from industrial action.

• BIG W reported a loss, while New Zealand Food and E-commerce businesses showed improved earnings.

• Q1 F26 sales were $18.5b, up 2.7% on Q1 F25; eCommerce sales $2.7b, up 13.2%.

• Final dividend declared at $0.45 per share, total full year dividend $0.84, reflecting lower earnings.

Strategic initiatives and plans

• Focus on restoring performance, simplifying business, and prioritizing core food business.

• Supply chain transformation in NSW and Victoria, with automation and new distribution centers to improve efficiency; Moorebank NDC and Auburn CFC opened.

• E-commerce growth prioritized, with expansion of MILKRUN, Direct to Boot Now, and network expansion.

• MyDeal website closure, Healthylife consolidation, and BIG W tech platform transition.

• Commitment to sustainability, launching a new agenda in FY 2026 targeting food systems, waste, nutrition, and human rights.