Woolworths Group Ltd · ASX:WOW
Woolworths — FY2026 Earnings Presentation
40 slides from Woolworths's earnings presentation, Aug 26, 2026
Slide 1: ASX announcement: Full Year Results Presentation
26 August 2026 ASX Market Announcements Office Australian Securities Exchange 20 Bridge Street Sydney NSW 2000 Full Year Results Presentation Attached for release to the market is the Full Year Results Presentation for the period ended 28 June 2026. Authorised by: Dom Millgate, Group Company Secr
Slide 2: Woolworths Group 2026 Full Year Results
1 26 August 2026 Woolworths Group 2026 Full Year Results For the 52 weeks ended 28 June 2026 Amanda Bardwell, Managing Director and CEO Stephen Harrison, CFO
Slide 3: Contents
2 Woolworths Group Full Year Results 2026 Contents 4 F26 Group summary We create better Amanda Bardwell experiences 24 Group financial results and capital management together for a better tomorrow Stephen Harrison 34 Current trading and outlook Amanda Bardwell
Slide 4: Acknowledgment of Country
3 Woolworths Group Full Year Results 2026 Acknowledgment of Country Woolworths Group acknowledges the many Traditional Owners of the lands on which we operate and pay our respects to their Elders past and present. We recognise their strengths and enduring connection to lands, waters and skies as the
Slide 5: F26 Summary
4 Woolworths Group Full Year Results 2026 F26 Summary Good progress on strategy to become first choice for customers; Group VOC NPS up four points on prior year Customer investment and improved execution in Australian Food delivering solid sales growth, particularly in H2 Group EBIT1 up 12.7% driven
Slide 6: All trading segments contributing to an improved performance
5 Woolworths Group Full Year Results 2026 All trading segments contributing to an improved performance F26 Group sales F26 Group EBIT1 $71.5b $3,105m 3.6% vs. F25 12.7% vs. F25 8.7% vs. F25 ex. IA and supply chain2 F26 Group EBIT contribution +12.7% $3,105m $2,754m F25 Group EBIT Australian Food W L
Slide 7: Restoring momentum in Australian Food
6 Woolworths Group Full Year Results 2026 Restoring momentum in Australian Food Key actions Invested in more value +3 pts Strong item growth 4.8% for customers including Increase in Value for supported by major Woolworths Food Lower Shelf Price and Money VOC NPS (store trading events and Retail item
Slide 8: Connecting with customers more than ever
7 Woolworths Group Full Year Results 2026 Connecting with customers more than ever Customers remain value Competition has grown conscious as cost-of-living giving customers more pressures persist choice than ever 41% 67% of Australian customers feel they of customers tell us they are cross- struggle
Slide 9: Our strategic priorities are clear with a focus on execution
8 Woolworths Group Full Year Results 2026 Our strategic priorities are clear with a focus on execution AMBITION Be the first choice for customers, offering the best products and shopping experiences, led by our People and powered by Technology STRATEGIC IMPERATIVES MEDIUM-TERM PRIORITIES FINANCIAL A
Slide 10: More rewarding and competitive value
1 11 9 Improvefirst Become returns in for the choice New Zealand Freshest Food and Australian FoodBIG W Woolworths Group Full Year Results 2026 More rewarding and competitive value Woolworths Food Retail Value for Money VOC NPS (Store & Online) +3 pts Increase in Value for 59 Money VOC NPS vs. 56 Ju
Slide 11: Everyday Rewards: more rewarding and competitive value
1 11 10 Become first choice for the Freshest Australian Food Woolworths Group Full Year Results 2026 More rewarding and competitive value Active members (m)1 19% 10.8m Members get more Active Everyday Rewards members1, in the Everyday +3.4% vs. F25 Rewards app. +13% Increase in 9.1 10.8 members acce
Slide 12: First choice for Fresh
12 Become 11 11 first choice for the Freshest Australian Food Woolworths Group Full Year Results 2026 First choice for Fresh Woolworths Food Retail Fruit & Veg VOC (Store & Online) +2 pts vs. June’25 7.7% 77 Growth in Fresh sales1 76 in H2 F26 75 +3.5 pts Increase in Meat Jun-24 Dec-24 Jun-25 Dec-25
Slide 13: Products customers love
12 Become 11 12 first choice for the Freshest Australian Food Woolworths Group Full Year Results 2026 Products customers love Woolworths Food Retail in-store range VOC +2 pts vs. 5.5% June’25 Own and exclusive brands sales growth in F26 79 77 77 148 Product awards in F26 including CHOICE, Canstar Ju
Slide 14: Easiest ways to shop: digital experiences
12 Become 11 13 first choice for the Freshest Australian Food Woolworths Group Full Year Results 2026 Easiest ways to shop Delivering market-leading digital experiences to simplify the weekly shop 14m Agentic Olive Smart Basket Ready-made Personal shopping average weekly visits to companion personal
Slide 15: eCommerce growth and rapid fulfilment
12 Become 11 14 first choice for the Freshest Australian Food Woolworths Group Full Year Results 2026 Easiest ways to shop eCommerce growth supported by shift toward rapid fulfilment and network expansion 18.6% On Demand F26 eComX sales growth driven Direct to Boot by strong On Demand growth Home de
Slide 16: Execution excellence: improved availability
12 Become 11 15 first choice for the Freshest Australian Food Woolworths Group Full Year Results 2026 Execution excellence Improved availability in F26 through targeted investments Woolworths Food Retail Out of Stock VOC Product availability +2 pts vs. June’25 Average shelf edge availability improve
Slide 17: Improved performance in New Zealand Food
22 11 16 Improve returns in New Zealand Food and BIG W Woolworths Group Full Year Results 2026 Improved performance in New Zealand Food Value for Money F26 strategic highlights VOC NPS +2 pts New Zealand Food sales Amplified focus on Fresh sales growth of customer value 3.4%1 vs. F25 vs. F25 reflect
Slide 18: Progress on BIG W transformation
22 11 17 Improve returns in New Zealand Food and BIG W Woolworths Group Full Year Results 2026 Progress on BIG W transformation F26 GTV revenue F26 strategic highlights growth 3.7% Launched new brand platform ‘How good’s that’ Q4 Brand NPS +5 pts vs. and Big Price Drops F25; Value for Money campaign
Slide 19: F27 focus areas to build on progress
2 11 18 Improve returns in New Zealand Food and BIG W Woolworths Group Full Year Results 2026 F27 focus areas to build on progress F27 focus areas F27 focus areas • More value for customers through pricing • Deliver product differentiation through own brand and range and deepening branded supplier p
Slide 20: Increasing contribution from complementary businesses & services
3 11 19 Grow complementary businesses & services Woolworths Group Full Year Results 2026 Increasing contribution from complementary businesses & services Contributing around a third Complementary of Group EBIT1 growth in F26 businesses & services Other Group EBIT Complementary businesses Complementa
Slide 21: Leading the next era of AI-powered retail
11 20 Woolworths Group Full Year Results 2026 Leading the next era of AI-powered retail AI is the biggest opportunity in a generation; we are uniquely positioned to shape the future of retail in Australia Largest customer base Strong foundations in Collaboration with leading digital and data AI part
Slide 22: Demonstrating AI in action
11 21 Woolworths Group Full Year Results 2026 Demonstrating AI in action Agentic commerce Catalogue planning Team Assist 1m+ unique customers have Time of production reduced from 9 in 10 interactions fully resolved used our agentic shopping tools a week to a few hours without human intervention
Slide 23: Sustainability progress in F26
11 22 Woolworths Group Full Year Results 2026 Sustainability progress in F26 Climate Waste & Human Social Health & & nature circularity rights impact nutrition 45% 700 #1 44m+ 80%+ reduction stores ranking meals sales in Scope 1 & 2 now supporting KnowTheChain donated to tonnage of emissions vs. sof
Slide 24: Contents
23 Woolworths Group Full Year Results 2026 Contents We create better 4 F26 Group summary Amanda Bardwell 24 Group financial results and capital management experiences Stephen Harrison together for a better tomorrow 34 Current trading and outlook Amanda Bardwell
Slide 25: Group financial results and capital management
24 Woolworths Group Full Year Results 2026 Group financial results and capital management
Slide 26: F26 financial results
25 Woolworths Group Full Year Results 2026 F26 financial results 3.6% Group sales ($m) ↑ vs. F25 Group EBIT1 ($m) ↑ 12.7% vs. F25 Group sales increased Group EBIT1 increased by 12.7% by 3.6% with all driven by growth in all trading segments reporting segments. Ex IA and supply sales growth on the ch
Slide 27: Group trading performance
26 Woolworths Group Full Year Results 2026 Group trading performance F26 SALES H2 F26 SALES $ MILLION F26 F251 CHANGE H2 F26 H2 F251 CHANGE Australian Food 53,852 51,488 4.6% 4.1% ex. IA 26,226 24,814 5.7% New Zealand Food (AUD) 7,323 7,557 (3.1)% 3,405 3,662 (7.0)% New Zealand Food (NZD) 8,491 8,28
Slide 28: Working capital and ROFE
27 Woolworths Group Full Year Results 2026 Working capital and ROFE Average inventory and payables days1 Inventory Payables • Decline in average inventory days due to improved sales growth despite higher dollar inventory holdings in Australian 44.6 41.3 41.7 Food with improved stock management in BI
Slide 29: Woolworths Group capital management framework
28 Woolworths Group Full Year Results 2026 Woolworths Group capital management framework Strong growth Leading market opportunities in Defensive Iconic Australian and Strong underlying positions in Food complementary characteristics New Zealand brands cash flow and Everyday Needs businesses and thro
Slide 30: Strong operating cash flow improvement and cash realisation
29 Woolworths Group Full Year Results 2026 Strong operating cash flow improvement and cash realisation $ MILLION F26 F25 CHANGE Group EBITDA before significant items 6,089 5,707 6.7% Solid EBITDA growth in all trading segments Working capital and non-cash movements 409 467 (12.4)% Current year movem
Slide 31: Operating capex modestly below prior year
11 30 Woolworths Group Full Year Results 2026 Operating capex modestly below prior year reflecting greater efficiency in spend Sustaining capex ($m) $ MILLION F26 F25 F26 F25 Sustaining capex 1,317 1,549 SIB 360 385 379 Growth capex 520 475 Renewals 570 Supply Chain 196 Operating capex 1,837 2,024 1
Slide 32: New supply chain facilities ramping up with Moorebank RDC
31 Woolworths Group Full Year Results 2026 New supply chain facilities ramping up with Moorebank RDC ahead of schedule Moorebank National and Regional DC Average cartons per week • Opened Moorebank RDC in November 2025. Both sites achieving record volumes and high service levels • Moorebank RDC site
Slide 33: Dividends and funding
32 Woolworths Group Full Year Results 2026 Dividends and funding 52 cps final dividend Dividends (cents per share) Interim Final Special • Fully franked final ordinary dividend of 52 cps, up 15.6% on prior year 144 • Full year dividend of 97 cps, up 15.5% on prior year consistent with NPAT • Full ye
Slide 34: Contents
33 Woolworths Group Full Year Results 2026 Contents 4 F26 Group summary Amanda Bardwell We create better 24 Group financial results and experiences capital management Stephen Harrison together for a 34 Current trading and outlook Amanda Bardwell better tomorrow
Slide 35: Current trading and outlook
trading and Current outlook Woolworths Group Full Year Results 2026 34
Slide 36: Current trading and outlook
35 Woolworths Group Full Year Results 2026 Current trading and outlook First 8 weeks of F27 • Australian Food (Woolworths Food Retail) total sales increased by 7.6%1 with momentum further strengthened during the period by the success of Disney Ooshies, which is estimated to have added ~1.5-2 pts of
Slide 37: Q&A
Q&A Woolworths Group Full Year Results 2026 36
Slide 38: Glossary
57 37 Woolworths Group Full Year Results 2026 Glossary Active eCom customers Constant currency Direct to Boot Net debt Customers that have made a Group sales growth assuming Where a customer places an order Borrowings less cash balances, purchase online in the last four weeks that the prior year ave
Slide 39: Glossary
57 38 Woolworths Group Full Year Results 2026 Glossary RDC SCFDC Voice of Supplier (VOS) VOC NPS Regional distribution centre Sydney chilled & fresh distribution A survey of a broad spectrum of VOC NPS is based on feedback from centre suppliers facilitated by an external Woolworths Rewards members.
Slide 40: Disclaimer
39 Woolworths Group Full Year Results 2026 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 from and should be read in conjunction with Woolworths’ other periodic