0449 GMT - Australian supermarket operator Woolworths is expected by UBS analysts to reiterate its annual food earnings guidance when it gives its 3Q sales update. The investment bank's analysts think that the country's largest supermarket operator will post March-quarter Australian food sales of A$13.8 billion, slightly above the consensus forecast of A$13.7 billion. As with rival Coles, they want information on how Woolworths is handling requests from suppliers to pass on additional costs. The analysts tell clients in a note that shallower and fewer discounts are one approach that Woolworths could follow, and keeping a close eye on how enduring cost pressures will be. UBS has a neutral rating and A$37.25 target price on the stock, which is up 0.2% at A$37.95. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

April 24, 2026 00:49 ET (04:49 GMT)

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