New managing director on board this month.

 

Officeworks has maintained its steady growth in sales by posting a 3.8 per cent increase in revenue to $3.5 billion for the full year.

 

Sales growth, broadly in line with the second half of the 2025 financial year, was supported by growth in key categories, including technology and print and create and was partially offset by lower furniture sales.

 

Officeworks’ earnings increased 1.9 per cent to $212 million for the year. 

 

Officeworks’ sales benefited from “pleasing” Black Friday and end-of-financial-year trading, and solid sales growth during the back-to-school period. 

 

Sales growth to business customers moderated on the prior year, reflecting the challenging economic conditions affecting small- to medium-sized businesses. 

 

Officeworks said earnings growth of nearly two per cent reflected sales growth, productivity initiatives and disciplined cost management, which together mitigated the impacts of ongoing cost-of-doing-business pressures.

 

The earnings result includes the impact of one-off costs associated with the closure of Circonomy, as well as continued elevated competitive intensity.  

 

Officeworks continued to strengthen the omnichannel customer experience through expanded delivery options and investments in its store network. 

 

During the year, Officeworks upgraded 25 stores with a new technology layout. 

 

This year, Officeworks launched its small- to medium-sized enterprise loyalty program, Officeworks for Business, and acquired Box of Books to complement its education offer.  

 

Officeworks opened two new stores during the year, and has 173 stores in its network as at 30 June 2025.  

 

John Gualtieri (pictured) , the former CEO of Kmart, took over as managing director of Officeworks this month following the surprise resignation in June of Sarah Hunter .