Woolworths Group Ltd · ASX:WOW
Woolworths — Shareholder Meeting (October 2023)
19 slides from Woolworths's shareholder meeting presentation, Oct 26, 2023
Slide 1: Annual General Meeting (AGM) Addresses and Presentation
26 October 2023 SX Market Announcements Office A Australian Securities Exchange 20 Bridge Street For personal use only Sydney NSW 2000 Annual General Meeting (AGM) Addresses and Presentation ttached for release to the market is a copy of the addresses and presentation to A be made a
Slide 2: Chair's Address
Annual General Meeting 2023 Thursday, 26 October 10:00am (AEDT) Chair’s Address Now ladies and gentleman and fellow shareholders, onto my address as Chair of Woolworths Group. Welcome again to the 99th Annual General Meeting of Woolworths Group. Having assumed the role of Chair at the conclusion of
Slide 3: Chair's Address: FY23 performance and dividend
Mindful that the investigations are yet to establish the root causes of each tragic incident, the Board committed to determine a further response informed by the outcome of the investigations. For the balance of my address today I will touch on the Board’s perspective on the Group’s performance and
Slide 4: Chair's Address: adjacencies and Petstock
We continued our expansion into complementary adjacencies during the year. This strategy draws upon what we have learned and established in our Food businesses - whether it be our loyalty platform, data and analytics, own brand, store technology and supply chain. While we will remain particularly di
Slide 5: Chair's Address: outlook and closing
environment remains somewhat uncertain, we are reassured by the clear strategy, the performance and underlying health of the Group and are energised by the opportunities ahead of us. We will be relentless in providing value for our customers and supporting our team across the Group. We will continue
Slide 6: CEO's Address
Annual General Meeting 2023 Thursday, 26 October 10:00am (AEDT) CEO’s Address Good morning everyone. In my address today I will talk about the Group’s F23 performance and our Q1 results for F24. I will then provide a summary of our key strategic achievements before finishing on the areas of focus fo
Slide 7: CEO's Address: Q1 F24 sales and customers
While overall demand remained resilient throughout F23 and in F24 to date, customers are becoming more careful in their spending, particularly our Saver Families and Young Singles and Couples. We recognise the impact inflation and cost-of-living pressures are having on household budgets for both our
Slide 8: CEO's Address: digital and supply chain
convenience and at the end of F23 over 80% of eCom sales were fulfilled within 24 hours of order and 39% were Same Day. We have also been increasingly focused on delivering better digital customer experiences. Average weekly traffic to Group digital platforms in F23 increased 16.3% and weekly averag
Slide 9: CEO's Address: Own Brands and sustainability
On the product side, we are proud to retain the title of Healthiest Own Brand for the fourth year in a row and it is great to see our customers continue to embrace our Free Fruit for Kids with 30 million pieces of fruit shared in F23. Finally, we were very disappointed with the suspension of the Red
Slide 10: CEO's Address: closing
In 2024, we will celebrate our centenary. As we reflect on our first 100 years, and look forward to the next chapter, we are united and galvanised by our shared purpose of being better together. In closing, I want to say thank you to all of our shareholders for supporting Woolworths Group and for he
Slide 11: For personal use only
For personal use only Woolworths Group Annual General Meeting 2023
Slide 12: Woolworths Group Full Year Results 2023: CEO's Address
For personal use only Woolworths Group Full Year Results 2023 2 CEO’s Address
Slide 13: F23 and Q1 F24 financial performance
Woolworths Group Annual General Meeting 2023 3 F23 and Q1 F24 financial performance For personal use only F23 Q1 F24 Group sales Group EBIT1 Group sales Group eCom sales $64.3b $3,116m $17,224m $1,969m ▲ 5.7% on F22 ▲ 15.8% on F22 ▲ 5.3% on Q1 F23 ▲ 16.0% on Q1 F23 Group NPAT2 Total dividend Austral
Slide 14: F23 strategic highlights: Live our purpose
Woolworths Group Annual General Meeting 2023 4 F23 strategic highlights For personal use only Live our purpose • Woolworths named Most Trusted Brand by Roy Morgan and Most Valuable Brand by Brand Finance in F23 • Customer Care remains our highest Store-controllable Voice of Customer metric in F23 •
Slide 15: F23 strategic highlights: Delivering compelling customer propositions
Woolworths Group Annual General Meeting 2023 5 F23 strategic highlights For personal use only Delivering compelling customer propositions • 22 new stores and 55 renewals completed in Australia and New Zealand in F23 • 80% of eCom sales were fulfilled within 24 hours of order and over 39% were Same D
Slide 16: F23 strategic highlights: Strengthening our foundations
Woolworths Group Annual General Meeting 2023 6 F23 strategic highlights For personal use only Strengthening our foundations • Melbourne South Regional DC delivering 2.4 million cartons per week; new facilities in Sydney on track • Retail media business, Cartology with strong sales growth in F23 of 2
Slide 17: Progress across our sustainability pillars in F23
Woolworths Group Annual General Meeting 2023 7 Progress across our sustainability pillars in F23 For personal use only People Platinum Launched $122m #1 Retailer Making a positive change to the future AWEI employer Innovate level of direct community globally in 2022 of our people, our status achieve
Slide 18: For personal use only
For personal use only Woolworths Group Annual General Meeting 2023 8
Slide 19: Disclaimer
Woolworths Group Annual General Meeting 2023 9 Disclaimer This presentation contains summary information about Woolworths Group Limited (Woolworths Group) and its activities current as at the date of this presentation. It is sourced For personal use only from and should be read in conjunction with W
Woolworths Group — Shareholder Meeting (October 2023) on 6ix