Woolworths posted a $1.2 billion loss in its full year results, with sales from Big W stores and the companies’ food and petrol business slumping. This follows the announcement of the closure of its Masters home improvement stores around the country.

The company also announced a 44.6% decrease in its total dividends to shareholders to 77 cents as it tries a new strategy to get out of its rut.

• Net profit: -$1.2 billion
  (￬157.5%)
• EBIT^†: $1.67 billion
• Earnings*: -97.7¢
• Dividend*: 77¢

Wesfarmers reported a full year net profit of $407 million after tax, this is down 83% on its profit last year. This was mainly due to pre-tax impairments from its retail store Target and the Curragh Coal Mine in Queensland.

The companies’ supermarket arm Coles and hardware business Bunnings did better than last year. Coles earnings before interest and taxes up 4.3% to $1.86 billion and Bunnings up 11.5% to $1.21 billion.

• Net profit: $407 million
  (￬83%)
• EBIT^†: $1.35 billion
• Earnings*: 36.2¢
• Dividend*: 186¢

Harvey Norman credited a resilient property market for its growth in sales from its franchisees up 7.6% on last year to $5.3 billion.

• Net profit: $348.6 million
  (￪30%)
• EBIT^†: $522.47 million
• Earnings*: 31.36¢
• Dividend*: 30¢

Electronics retailer JB Hifi experienced a 11.5% surge in profit and 8.3% lift in its total sales, while its competition Dick Smith closed its doors, this year.

• Net profit: $152.2 million
  (￪11.5%)
• EBIT^†: $221.2 million
• Earnings*: 153.8¢
• Dividend*: 100¢

Pizza business Domino’s attributed its network sales of $1.96 billion (up 32.7% from last year) to its sophisticated digital platforms.

• Net profit: $92 million
  (￪43.6%)
• EBIT^†: $143.6 million
• Earnings*: 105.4¢
• Dividend*: 73.5¢