Earnings report released on Wednesday shows supermarket made $859m net profit in past six months as higher prices hit shoppers Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast Woolworths has reported a significant 16.4% rise in profit, helped by expanding its margins in its key supermarket business. In its half-year earnings report released on Wednesday, Woolworths recorded an increase in underlying net profit to $859m over the six months to 4 January, up from $739m in the prior corresponding period. Continue reading...
SRCThe Guardian - World News
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LEANCenter-Left
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WED · 2026-02-25 · 03:28 GMTBRIEF NSR-2026-0225-19039
NSR-2026-0225-19039News Report·EN·Economic Impact
Woolworths reports 16% jump in profits as ACCC prepares legal action over ‘illusory’ discounts
Woolworths reported a 16.4% increase in underlying net profit, reaching $859 million for the six months ending January 4th. The earnings report, released on Wednesday, attributes this profit growth to expanding margins within its supermarket business.
Catie McLeod Consumer affairs reporterThe Guardian - World NewsFiled 2026-02-25 · 03:28 GMTLean · Center-LeftRead · 1 min
The Guardian - World NewsFIG 01
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Briefing Summary
AI-generatedNEWSAR · AI
Woolworths reported a 16.4% increase in underlying net profit, reaching $859 million for the six months ending January 4th. The earnings report, released on Wednesday, attributes this profit growth to expanding margins within its supermarket business. This figure represents a rise from $739 million in the same period last year. The profit increase comes as the ACCC prepares legal action against Woolworths over alleged misleading discount practices. The supermarket chain's financial performance is occurring amidst concerns about higher prices impacting shoppers.
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Article analysis
Model · rule-basedFraming
Economic Impact
Legal & Judicial
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CalmNeutralAlarmist
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0.80 / 1.00
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ACCC prepares legal action over ‘illusory’ discounts.
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Woolworths' underlying net profit increased to $859m over six months.
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Woolworths reported a 16.4% rise in profit.
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The profit increase is attributed to expanding margins in its supermarket business.
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net profit
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