The Woolworths Group Ltd (ASX: WOW) share price dropped by 9% after the supermarket business revealed its FY26 third quarter update.

Woolworths is the largest supermarket business in Australia. It also owns the Countdown supermarket business in New Zealand, BIG W and Petstock.

FY26 third-quarter performance

The business reported that in the 13 weeks to 5 April 2026, total third-quarter sales rose 4.5% to $18.1 billion. Group e-commerce sales grew by 20.2% to $2.7 billion.

Within that:

• Australian food sales rose 5.9% to $13.8 billion
• Australian business-to-business (B2B) sales grew 4.9% to $1.5 billion
• New Zealand food sales fell 5.2% in AUD terms to A$1.81 billion, but rose 1.4% to NZ$2.15 billion in New Zealand dollar terms
• W…