Every morning I walk in the forest.
I happened to catch Mrs. Hayashi speed walking in woods.
I couldn’t wait until I got to the house, so I left my wet socks in the woods.
The kanji and the word are exactly the same. That means they share meanings as well.
Since this word is made up of a single kanji it uses the kun'yomi reading. You've already learned this reading with the kanji, though, so you should be able to read this.