Woolworths Group Limited
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July 1, 2020
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Woolworths Group Limited

Revenue:
AUD 59,984.0 million (2019)
Profit:
AUD 2,775.0 million (2019)
Employees:
196,000 (2019)
GICS Industry Group:
Headquarters:
Bella Vista, New South Wales, Australia
Founded:
22 September 1924
Current CEO:
Bradford Banducci (26 Feb 2016–)
Parent:
This is the ultimate parent

Description

Woolworths Group Limited (Woolworths) is an Australian and New Zealand retail-focused conglomerate. Woolworths was founded on 22 September 1924 and opened its first store on 5 December 1924 in Pitt Street, Sydney. Woolworths Supermarkets, which specialises in the sale of groceries, health and beauty products, baby supplies, stationary, and much more, represents the company's largest subsidiary.

The company operates through five segments: Australian Food, Endeavour Drinks, New Zealand Food, Big W, and Hotels. In 2021, Woolworths is expected to demerge its drinks and hospitality businesses, Endeavour Drinks and ALH Group, which will form their own entity.

As at 31 December 2019, Woolworths had 3,292 stores throughout its operations and employed 196,000 people.

Woolworths Group Limited's registered office is located at 1 Woolworths Way, Bella Vista, New South Wales 2153, Australia.

Woolworths Group Limited is listed on the Australian Securities Exchange (ASX) under the code WOW.

In Australian Dollars (AUD)
In Australian Dollars (AUD)
In Australian Dollars (AUD)

Operating Segments:

Australian Food - The Australian food segment is engaged in the procurement of food and related products for resale and provision of services to customers in Australia. The Australian food segment operates through two branded supermarkets, Woolworths Supermarkets and Metros. As at 30 June 2019, the Australia food segment had 1,024 stores across its network. For the financial year end 30 June 2019, the Australian food segment accounted for 65.96% (AUD 39,568 million) of total revenue.

Endeavour Drinks - The Endeavour drinks segment is engaged in the procurement of drinks for resale to customers in Australia. The Endeavour drinks segment operates under Dan Murphy’s, BWS, and Summergate brands, and also operates the Cellarmasters, Langtons and winemarket.com.au online platforms. As at 30 June 2019, the Endeavour drinks segment had 1,577 stores across its network. For the financial year end 30 June 2019, the Endeavour drinks segment accounted for 14.43% (AUD 8,657 million) of total revenue.

New Zealand Food - The New Zealand food segment is engaged in the procurement of food and drinks for resale to customers in New Zealand. In New Zealand, Woolworths operates under the Countdown Supermarkets brand as well as operating a wholesale function which supplies a further 69 stores. As at 30 June 2019, the New Zealand food segment had 180 stores across its network. For the financial year end 30 June 2019, the New Zealand food segment accounted for 10.49% (AUD 6,291 million) of total revenue.

Big W - Big W is engaged in the procurement of discount general merchandise products for resale to customers in Australia. As at 30 June 2019, Big W had 183 stores across its network. For the financial year end 30 June 2019, Big W accounted for 6.33% (AUD 3,797 million) of total revenue.

Hotels - Through the hotels segment, Woolworth Group Limited is engaged in the provision of leisure and hospitality services including food and drinks, accommodation, entertainment, and gaming in Australia. As at 30 June 2019, the hotels segment had 328 locations across its network. For the financial year end 30 June 2019, the hotels segment accounted for 2.79% (AUD 1,671 million) of total revenue.

Mergers and Acquisitions:

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