Woolworths’ interim result last month disappointed and the shares fell briefly before rebounding to where they were before the result: around $30. Does this mean there is nothing to worry about after all and the stock is a buy? Show More
woolworths
Woolworths “is a wonderful organisation, with enormous upside.” This was the first thing former CEO Grant O’Brien said about Woolworths in his inaugural address to the market in November 2011, shortly following his appointment. Show More
Woolworths (WOW) returned to profitability in FY17, posting a $1.5bn profit for the 12 months ended 25 June 2017, thanks to strong sales momentum at its core supermarket chain late in the year. While the headline result is a huge improvement on the $1.2bn lost last year, due to billions... Show More
Head of Research Nathan Bell explains what Amazon's recent bid for US grocer Whole Foods means for grocery retailers at home and abroad such as Coles and Woolworths, while highlighting an undervalued cable TV and broadband provider that the market's forgotten. Show More
Caltex (ASX:CTX) shares added value in May as investors began to revisit this name. Show More
Could a television show about Hugh Hefner, the Playboy founder, form part of a competitive threat to Australian retailers Coles and Woolworths? Show More
Woolworths (WOW) reported that first net profit after tax (NPAT) from continuing operations fell 16.7% compared to the prior year to $785.7 million. This compared to a net loss after tax (NLAT) of $972.7 million in in the corresponding period last year, reflecting the impact of significant items which totalled... Show More
Within investing, dealing with success isn’t the problem; understanding when your roadmap isn’t working out is the hard part. If you change your mind too early, you run the risk of shutting down good ideas on what we’d call “noise”. The original thesis on Woolworths in 2015 was of over-earning... Show More
I recently visited the UK to learn more about the UK economy, in particular UK retailers, and to see if the UK market held any lessons for Australian businesses. Show More
Every investor wants capital and dividend growth, but it’s easy to forget about risk. So far this reporting season, right or wrong earlier calls about risk are making all the difference to investor returns. Amongst the medium to large companies of interest to most investors, some large shifts in risk... Show More
South32 Limited (S32) reported underlying earnings of US$138 million, better than the market had expected. But it posted a statutory loss of US$1.6 billion for the 2016 financial year: Australia’s largest travel agent, Flight Centre (FLT) posted a slightly weaker than expected net profit of $244.6 million, down 4.7% over... Show More
CommSec Advisory’s Nicky Kritikos speaks with Tom Piotrowski about plans by Woolworths to cut 500 jobs as part of a $1bn restructure, upcoming earnings results due from ResMed and Thursday’s US FOMC decision Find out more at https://www.commsec.com.au/market-news/the-markets.html Show More
Tom Piotrowski speaks with CommSec Advisory’s Nicky Kritikos about Metcash's FY Results & Wesfarmers' Strategy Briefing on Wednesday Show More
About 18 months ago, I found myself having problems with the auto-checkout machine at my local Woolies which failed to recognise the weight of one small chilli I placed on the scales. Show More
Woolworths (WOW) posted a half year loss of $2.09bn. The result was within market expectations as it was hit by the one off write down to its Masters home improvement business For more Reporting Season coverage, please visit https://www.commsec.com.au/reportingseason Show More
For decades there has been a small number of Australian business that have enjoyed the benefits of operating in an oligopoly, however now more than ever these business face disruptions and stiffer competition from competitors. This month Australian Large Cap portfolio manager David Moberley will take a look two such... Show More
A boardroom clean-out has been occupying the mind of Woolworths chairman Gordon Cairns. Even more important is who he will choose as chief executive. Show More
Supermarket giant Woolworths (ASX: WOW) announced on Monday that it will exit the failing home improvement and hardware business Masters, by either selling or winding it down. After an extensive review, Chairman Gordon Cairns said it would take several years for Masters, which was established in 2011, to become profitable.... Show More
We’re not referring to the somewhat forgettable De Niro movie from 1998, “Rōnin” which garnered a Rotten Tomatoes score of 6.3/10. We use the Wikipedia definition: "A rōnin was a samurai with no lord or master during the feudal period of Japan. A samurai became masterless from the death or... Show More