Woolworths NZ sales reach $8.49 billion as e-commerce expands
Woolworths NZ reported rising sales to $8.49 billion, though gross margins faced pressure.
Woolworths NZ has posted sales of $8.49 billion, reflecting growth in the retail sector. The company's e-commerce operations expanded during the period. However, the retailer's gross margin was squeezed, indicating pressure on profitability despite the top-line sales increase.
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NZ Herald
Woolworths NZ sales rise to $8.49 billion as e-commerce grows
Sales rose at Woolworths NZ but its gross margin was squeezed.