WOW 0.67% $30.20 woolworths group limited

it's nothing to do with margin, but rather increase in...

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    it's nothing to do with margin, but rather increase in comparable same store sales.

    as per last result, even though Woolies took a hammering on net profit, they turned sales around.

    OK-so what does this mean?

    Coles reports on AUG 17 and Wollies on the 23rd.
    if Coles comparable same store sales even declines by just 0.5%, mortgage your house and put it on WOW.
    it basically means Woolies is on an unstoppable roll.

    ps- it could mean $30 SP regardless of divvy. all WOW management has to do is keep divvy at 3% FF which will not impact EPS anyway.

    cheers crazypunter
 
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