Population growth will continue to WOW investors

Population growth will continue to WOW investors. Woolworths' Australian Food & Liquor division delivered a strong third quarter sales result as this division continues to take market share. Australian Food & Liquor grew sales 4.4 per cent -- significantly faster than Australia's population growth of 1.5 per cent and marginally faster than Coles' sales growth of 3.9 per cent over the same period. View our valuation on Woolworths: (VIEW LINK)