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Woolworths Ltd (WOW.AX)

WOW.AX on Australia Stock Exchange

26.47AUD
20 Jul 2017
Change (% chg)

$0.22 (+0.84%)
Prev Close
$26.25
Open
$26.28
Day's High
$26.55
Day's Low
$26.24
Volume
2,010,464
Avg. Vol
2,856,342
52-wk High
$27.72
52-wk Low
$22.23

Latest Key Developments (Source: Significant Developments)

Coca-Cola Amatil clarifies on recent media reports
Friday, 7 Jul 2017 01:57am EDT 

July 7 (Reuters) - Coca-Cola Amatil Ltd :clarifies recent media reports.at this time Woolworths has chosen not to range Coca-Cola No Sugar..in relation to Domino's decision not to renew their product supply arrangement with co, "we respect their decision to do so".neither of these decisions are material to performance of Coca-Cola Amatil Group..  Full Article

Ingham's extends supply agreement with Woolworths
Monday, 29 May 2017 09:01pm EDT 

May 30 (Reuters) - Inghams Group Ltd :Ingham's extends supply agreement with Woolworths.Extended its national agreement as majority supplier of poultry products to Woolworths supermarkets in Australia until mid-2021.  Full Article

Afterpay Holdings signed agreement with Big W
Monday, 1 May 2017 08:37pm EDT 

May 2 (Reuters) - Afterpay Holdings Ltd :Big W signs with Afterpay.Big W has signed an agreement with Afterpay to offer afterpay service to its online customers.  Full Article

Woolworths Q3 Australian Food sales up 5.1 pct to $9.3 bln
Monday, 1 May 2017 06:46pm EDT 

May 2 (Reuters) - Woolworths Ltd :Q3'17 Australian food sales up 5.1% to $9.3 billion with comparable sales growth of 4.5%."Due to investment we are undertaking as part of our revised plan, we expect Big W to report loss before interest and tax of $115-135 million for H2'17".On an easter adjusted basis, Q3 total sales increased by 5.6% and comparable sales grew by 4.5%..Petrol sales for quarter were $1.2 billion, an increase of 14% on prior year.Q3 New Zealand food sales increased 2.1% on previous year to NZ$1.6 billion.Big W sales declined by 8.6% in the third quarter."Expect to see further improvements in stockloss in second half, however, this may be partially offset by impact of continued input cost price increases".  Full Article

Woolworths updates on home improvement exit
Thursday, 20 Apr 2017 07:53pm EDT 

April 21 (Reuters) - Woolworths Ltd :Notes that an award has now been made in confidential arbitration between woolworths and lowe's in relation to their home improvement joint venture..Woolworths will be able to conclude proposed transaction with home consortium without consent of lowe's.Lowe's is now required to sell its shares in joint venture co, Hydrox Holdings Pty for a value determined by a third-party independent expert as at 18 jan 2016.  Full Article

Woolworths Ltd responds to IMF Bentham's proposal to fund shareholder class action
Monday, 10 Apr 2017 11:13pm EDT 

Woolworths Ltd: Notes announcement by IMF Bentham that it proposes to fund shareholder class action against co . Company has not been served with proceedings ."Woolworths considers that it has, at all times, complied with its continuous disclosure obligations".  Full Article

Woolworths expects trading conditions to remain "competitive" for remainder of FY17
Tuesday, 21 Feb 2017 05:10pm EST 

Woolworths Ltd : "In second half, we will continue to invest in improving shopping experience and expect higher depreciation and team incentive payments." . "Still have a long way to go" ."We expect trading conditions to remain competitive for remainder of FY17".  Full Article

Woolworths says HY revenue from cont ops rose 3 pct
Tuesday, 21 Feb 2017 04:59pm EST 

Woolworths Ltd : hy net profit $ 725.3 million versus loss of $972.7 million a year ago . hy revenue from continuing operations $29,163.4 million, up 2.6 percent .board of directors declared an interim dividend of 34 cent per security.  Full Article

Caltex Australia comments on Woolworths' decision to sell fuel business to BP
Monday, 20 Feb 2017 07:50pm EST 

Caltex Australia Ltd : Notes Woolworths' decision to sell its fuels business to BP, subject to regulatory approval ."As regulatory approvals will be required for sale, any transaction remains uncertain and will take time to complete".  Full Article

Caltex Australia comments on Woolworths' decision to sell fuel business to BP
Monday, 20 Feb 2017 04:31pm EST 

Caltex Australia Ltd : Notes Woolworths' decision to sell its fuels business to BP, subject to regulatory approval ."As regulatory approvals will be required for sale, any transaction remains uncertain and will take time to complete".  Full Article

UPDATE 1-Australia's Metcash to resume dividend payments, shares surge

June 26 Australia's Metcash Ltd said on Monday it would resume dividend payments after reporting a 9.3 percent rise in underlying annual profit, sending shares in the grocery and hardware firm up sharply.