WOW 0.50% $30.35 woolworths group limited

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  1. 12,929 Posts.
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    IMHO WOW has already bottomed and will get better interpolating Q3 results further.
    WOW's Australian Food and Liquor (AFL) Sales at $10.7, a rise of 0.4% for Q3, indicates next time WOW's AFL sales will be a lot better given the Banducci turnaround IMHO. NZ was up 3.8% and 2day's FED rise should help WOW's sentiment. BWS seems 2 b doing a little better against Dan Murphy's on Q4 Net Promoter Scores.
    On-line, home delivery grocery sales in Australia does not seem to be a recurring problem as on-line and delivery brands and substitutes seem poorer and have diminished on-line promotion amongst customers, not so fresh and perishable on-line. Big W adverse news is already out u would think.
    Divesting non-core business should be about to bear fruit.
    Last edited by JCoure: 15/12/16
 
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