Woolworths revenue rises 5% in first financial quarter – October 25, 2023 at 7:02 am.
Woolworths Group Limited operates in the retail business. The company’s segments include Australian Foods, Australian Business, New Zealand Foods, BIG W and others. The Australian Foods segment engages in the supply of food and related products for resale and providing services to customers in Australia. The Australian B2B sector is involved in sourcing and distributing food and related products for resale to other businesses and providing supply chain services to corporate clients in Australia. The New Zealand Food Sector is engaged in purchasing food and beverage products for resale and providing services to customers in the New Zealand retail sector. The BIG W segment focuses on purchasing general merchandise at discounted prices for resale to retail customers in Australia. With approximately 1,400 stores under the Woolworths Supermarkets (Australia), Countdown Supermarkets (New Zealand) and BIG W brands, it is a B2B company serving the wholesale and export markets, and e-commerce businesses.
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