Woolworths warns of lower profits due to Iran war
Shares in the company fell by 6.6% on the ASX after today’s announcement.
Woolworths CEO Amanda Bardwell said the prices of 300 items would be frozen for three months.
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ASX-listed supermarket giant Woolworths has reported better-than-expected quarterly results, but warned of challenges ahead due to the ongoing conflict in the Middle East.
While group sales for the first three months of 2026 – and the third quarter of the company’s financial year – were 4.5%
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