Home U.S. NewsUS and World NewsAustralian grocer Woolworths quarterly sales rise 1.8% on higher prices

Australian grocer Woolworths quarterly sales rise 1.8% on higher prices

by Reuters

(Reuters) – Australian grocer Woolworths Group reported a 1.8% rise in first-quarter sales on Thursday, helped by higher product prices.

Total group sales for the country’s biggest supermarket chain came in at A$16.36 billion ($10.39 billion) in the quarter, compared with A$16.07 billion reported a year earlier.

($1 = 1.5751 Australian dollars)

(Reporting by Harshita Swaminathan and Navya Mittal in Bengaluru; Editing by Devika Syamnath)

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