‘Mea culpa’ from Woolworths as the company vows to do better
The supermarket group blamed industrial action and supply chain disruptions for its 2025 performance, and said it was targeting ‘mid to high percentage’ ebit growth.
Woolworths chief executive Amanda Bardwell told the AGM the 2025 performance was ‘well below our expectations’.
Executive leadership at grocery giant Woolworths have offered an apology for the company’s recent performance, which has seen the group’s shares slump 10% over the past six months.
At the company’s annual general meeting today, Woolworths’ chair Scott Perkins told shareholders that
