Q3 2022 Woolworths Group Ltd Corporate Sales Presentation Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Shaun Robert Cousins - UBS Investment Bank, Research Division - Analyst : Just a question regarding how is Woolworths managing supply cost inflation requests from a gross margin perspective? Is Woolworths seeking to reduce, maintain or expand gross margins when passing on these price increases? And if Woolworths is seeking to increase gross margins, and we're getting trade feedback that, that's the case, what does Woolworths believe it's sound for it to be expanding gross margin when cost pressures are so prevalent?

Question: Thomas Kierath - Barrenjoey Markets Pty Limited, Research Division - Analyst : Just want to follow up on Adrian's question around the impact of absenteeism and the outbound service levels. I mean Coles said the same thing that they're missing out on sales. I just wondered who -- where are the sales going to? And can you maybe talk about the categories where you're missing those sales and all the states. Just yes -- I just had some commentary on that.

Question: Shaun Robert Cousins - UBS Investment Bank, Research Division - Analyst : Brad, just conscious of, I guess, the messiness of the quarter and then real like-for-like sales growth not being always the best measure of volume. So maybe could you discuss, I guess, the current and expected volume impact you think in Australian Food from the consumer getting -- starting to work from home less and come back into the city and to their offices and also the extent to which the consumer can eat out. Are you expecting that to sort of weigh somewhat on your volumes to a degree, please? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. MAY 03, 2022 / 12:30AM, WOW.AX - Q3 2022 Woolworths Group Ltd Corporate Sales Presentation