Woolworths Group (ASX:WOW) recently released their financial reports, revealing a fiscal year net profit after tax (NPAT) attributable from continuing operations with the exclusion of significant items amounting to A$1,721 million.

This figure shows an increase from the previously reported A$1,618 million, and significantly higher than the A$1,514 million reported in the prior year.

Concurrently, the company declared a final dividend of 58 Australian cents per share.

Total Australian food sales for the fiscal year amounted to A$48,047 million, showing a rise from the A$45,740 million of the previous year.

However, Woolworths Group notes that the operating environment remains somewhat uncertain.

Fiscal year revenue rose 5.7%, reaching A$64,294 million.

The firm plans to rebrand Countdown to Woolworths Supermarkets New Zealand from early 2024.

Furthermore, the company observed an increase in eCommerce sales for the group, amounting to A$6,592 million which represents a 0.8% rise.

Meanwhile, they also highlighted that global and local inflationary impacts have presented a fresh challenge.

Woolworths Group is a major Australian company with supermarket, liquor, hotel and hardware operations.