Woolworths Bull Content With Australian Food Sales -- Market Talk

Dow Jones

May 01, 2025

0057 GMT - Woolworths' bull at Macquarie thinks that the Australian supermarket operator's domestic food division performed pretty well in 3Q considering the costs of trying to recover lost market share. An analyst note from the investment bank points out that 3.0% on year growth in Australian food sales was higher than the average analyst forecast of 1.9%, signaling some recovery from the pre-Christmas hit of strikes at some of its distribution centers. Less positive are the widening losses at Woolworths' budget department stores, where Macquarie calls out management commentary on challenging clothing sales and a reliance on clearance items. Macquarie has an outperform rating and A$30.80 target price on the stock, which is up 0.4% at A$31.71. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

April 30, 2025 20:57 ET (00:57 GMT)

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An analyst note from the investment bank points out that 3.0% on year growth in Australian food sales was higher than the average analyst forecast of 1.9%, signaling some recovery from the pre-Christmas hit of strikes at some of its distribution centers. Less positive are the widening losses at Woolworths' budget department stores, where Macquarie calls out management commentary on challenging clothing sales and a reliance on clearance items. Macquarie has an outperform rating and A$30.80 target price on the stock, which is up 0.4% at A$31.71. (stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 30, 2025 20:57 ET (00:57 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Woolworths Bull Content With Australian Food Sales -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWoolworths Bull Content With Australian Food Sales -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-01 08:57</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0057 GMT - Woolworths' bull at <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> thinks that the Australian supermarket operator's domestic food division performed pretty well in 3Q considering the costs of trying to recover lost market share. An analyst note from the investment bank points out that 3.0% on year growth in Australian food sales was higher than the average analyst forecast of 1.9%, signaling some recovery from the pre-Christmas hit of strikes at some of its distribution centers. Less positive are the widening losses at Woolworths' budget department stores, where Macquarie calls out management commentary on challenging clothing sales and a reliance on clearance items. Macquarie has an outperform rating and A$30.80 target price on the stock, which is up 0.4% at A$31.71. (stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 30, 2025 20:57 ET (00:57 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WOW.AU","symbol_name":"WOOLWORTHS GROUP LTD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2532101434","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2532101434","pubTimestamp":1746061020,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0057 GMT - Woolworths' bull at Macquarie thinks that the Australian supermarket operator's domestic food division performed pretty well in 3Q considering the costs of trying to recover lost market share. An analyst note from the investment bank points out that 3.0% on year growth in Australian food sales was higher than the average analyst forecast of 1.9%, signaling some recovery from the pre-Christmas hit of strikes at some of its distribution centers. Less positive are the widening losses at Woolworths' budget department stores, where Macquarie calls out management commentary on challenging clothing sales and a reliance on clearance items. Macquarie has an outperform rating and A$30.80 target price on the stock, which is up 0.4% at A$31.71. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"WOW.AU":"WOOLWORTHS GROUP LTD"},"translate_title":"Woolworths看涨澳大利亚食品销售——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WOW.AU":0.9},"content_text":"0057 GMT - Woolworths' bull at Macquarie thinks that the Australian supermarket operator's domestic food division performed pretty well in 3Q considering the costs of trying to recover lost market share. An analyst note from the investment bank points out that 3.0% on year growth in Australian food sales was higher than the average analyst forecast of 1.9%, signaling some recovery from the pre-Christmas hit of strikes at some of its distribution centers. Less positive are the widening losses at Woolworths' budget department stores, where Macquarie calls out management commentary on challenging clothing sales and a reliance on clearance items. Macquarie has an outperform rating and A$30.80 target price on the stock, which is up 0.4% at A$31.71. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 30, 2025 20:57 ET (00:57 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}