WOW 0.67% $30.20 woolworths group limited

Feb 20 (Reuters) - Australia's biggest grocery chain Woolworths...

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    Feb 20 (Reuters) - Australia's biggest grocery chain Woolworths Ltd (WOW) on Wednesday said first-half underlying profit rose near 2 percent as sales deals and price cuts increased footfall.

    The grocer reported continuing operations' net profit of A$920 million ($659.18 million) for the six months to Dec. 31, compared with A$902 million a year earlier.

    Woolworths, which operates over 3000 stores across Australia, said comparable grocery sales growth was 2.3 percent in the half-year, lagging Coles Group Ltd's (COL) 3 percent rise in the same period.

    ($1 = 1.3957 Australian dollars)

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    Australia Woolworths' quarterly sales growth sputters on "bag 
    

    rage" Australia's Woolworths to sell petrol business to EG Group for $1.25 bln

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