you are probably correct cousin "Mad".
we have the EBIT for next half to be 5%, forecast by WOW management, the same as Coles is now.
Woolies lost same store sales by 0.8% after even slashing margin according to their latest results.
so what does Monsieur Banducci do to get this incredible turnaround to 5% EBIT?
all he can do is to cut margin drastically and increase productivity with huge capital investment.
in other words, the next half results will be something like this- we increased our EBIT, but our NPAT took a huge nosedive .
ps- i hope this "wombat" fixes the rewards program at least, as i always do my shop at Woolies-they have better ranges of prepackaged foods which reflects on my lifestyle choice.
cheers crazypunter
you are probably correct cousin "Mad". we have the EBIT for next...
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Last
$30.02 |
Change
-0.195(0.65%) |
Mkt cap ! $43.04B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 8 | 361 | $30.01 |
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| Price($) | Vol. | No. |
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