Woolworths’ turnover up +6.5% (+6.8% in constant FX) | Impairment rate fell to 5.9% from 7.5% | Moderating inflation, easing interest rates, & reduced loadshedding were positives | Woolies Food showed strong turnover growth, +12.1% (+7.3% on a comparable-store basis) | Food inflation 6.2% | Woolies food delivery service (Dash) sales up +54.4% | Australia living costs an issue | Sales from Oz plus New Zealand -8.8% amid heavy discounting (-13.8% on a comp.-store basis).
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