For the year ending June 27, Woolworths reported sales up 4.2% to Aus$51.7bn (£30bn). Like-for-like sales from domestic grocery outlets gained 3.3%.

Food and alcohol sales for the year showed strong growth to Aus$34.68 bn (£20bn), an increase of 5.1% from the previous year.

In its fourth quarter, food and alcohol sales rose 3.4% while like-for-like sales rose 1.8%.

Meanwhile, rival Coles Group reported total sales of Aus$29.77bn (£16.2bn) for the year ending 27 June, up from Aus$28.55bn (£14.3bn) in the previous
financial year.

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