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Woolworths (ASX:WOW) share price flat after AGM and sustainability update // Motley Fool Australia
The Woolworths Group Ltd (ASX: WOW) share price has been on the move on Thursday on the day of its virtual annual general meeting.
However, after a series of ups and downs, the retail conglomerate’s shares ended the day flat at $38.25.
What did Woolworths speak about at its annual general meeting?
At the meeting, the company provided investors with a summary of its performance in an eventful FY 2020, an update on trading during the new financial year, and its sustainability plan.
In respect to current trading, as announced last week, Woolworths has started FY 2021 in fine form. During the first quarter, group sales came in 12.3% higher than the prior corresponding period to $17.9 billion.
This was driven largely by a 12.9%…
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