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Woolworths Group Ltd (WOW.AX)

WOW.AX on Australia Stock Exchange

32.67AUD
12:57am EDT
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Latest Key Developments (Source: Significant Developments)

Woolworths Group Posts Qtrly Total Sales From Continuing Operations Of $14,898 Mln
Wednesday, 1 May 2019 06:24pm EDT 

May 2 (Reuters) - Woolworths Group Ltd ::QTRLY TOTAL SALES FROM CONTINUING OPERATIONS $14,898 MILLION VERSUS $14,301 MILLION.Q3 AUSTRALIAN FOOD COMPARABLE SALES GROWTH OF 3.6%.Q3 AUSTRALIAN FOOD SALES $10,017 MILLION VERSUS $9,624 MILLION.Q3 AUSTRALIAN FOOD ADJUSTED COMPARABLE SALES GROWTH OF 4.2%.  Full Article

ACCC Accepts Variation To Woolworths Fuel Discount Undertaking
Friday, 1 Mar 2019 01:57am EST 

March 1 (Reuters) - Australian Competition and Consumer Commission::ACCEPTED A VARIATION TO AN UNDERTAKING PROVIDED BY WOOLWORTHS IN 2013 RELATING TO ITS SHOPPER DOCKET FUEL DISCOUNT OFFERS.UNDERTAKING, AS VARIED, WILL CONTINUE TO OPERATE AFTER THE SALE OF WOOLWORTHS’ SERVICE STATIONS TO EG GROUP.FUEL DISCOUNT OFFERS LINKED TO SUPERMARKET PURCHASES WILL REMAIN LIMITED TO 4 CENTS/LITRE AFTER THE VARIATION OF THE WOOLWORTHS UNDERTAKING.  Full Article

Woolworths Group Updates On Dividend Reinvestment Plan
Thursday, 5 Apr 2018 11:12pm EDT 

April 6 (Reuters) - Woolworths Group Ltd ::DECIDED A 1.5 PCT DISCOUNT ON DIVIDEND REINVESTMENT PLAN WILL NOT APPLY TO  OCT 2018 FINAL DIVIDEND & FOR  FORESEEABLE FUTURE.  Full Article

ACCC Takes Action Against Woolworths Regarding Its 'W Select Eco' Picnic Products
Thursday, 1 Mar 2018 05:54pm EST 

March 2 (Reuters) - Australian Competition and Consumer Commission::TAKEN ACTION AGAINST WOOLWORTHS LTD IN THE FEDERAL COURT.ALLEGES THAT ENVIRONMENTAL REPRESENTATIONS WOOLWORTHS MADE ABOUT ITS 'W SELECT ECO' PICNIC PRODUCTS WERE FALSE, MISLEADING OR DECEPTIVE.ALLEGES WOOLWORTHS FAILED TO MAKE REASONABLE OR ADEQUATE EFFORTS TO SUBSTANTIATE BIODEGRADABILITY AND COMPOSTABILITY CLAIMS‍​.ALSO ALLEGES THAT WOOLWORTHS ACTED CONTRARY TO ITS OWN ENVIRONMENTAL CLAIMS POLICY‍​.  Full Article

Hilton Food, Woolworths To Restructure Australian Meat Processing JV
Monday, 26 Feb 2018 02:34am EST 

Feb 26 (Reuters) - Hilton Food Group Plc ::WESTERN AUSTRALIA AND VICTORIA JOINT VENTURE.‍CO AND WOOLWORTHS GROUP LTD TODAY ANNOUNCE AGREEMENT TO RESTRUCTURE THEIR AUSTRALIAN MEAT PROCESSING JOINT VENTURE​.‍AGREEMENT INCLUDES LONG TERM CONTRACTS FOR HILTON FOODS AUSTRALIA ("HFA") TO SUPPLY WOOLWORTHS SUPERMARKETS WITH PACKAGED AND VALUE-ADDED MEAT PRODUCTS​.‍HILTON WILL BEGIN FULL OPERATIONAL CONTROL OF BUNBURY AND TRUGANINA PLANTS FROM 1 JULY 2018​.‍AT END OF A TRANSITIONAL PERIOD OF 2 YEARS, HILTON FOODS AUSTRALIA WILL ACQUIRE RELEVANT PLANT ASSETS FOR A BOOK VALUE EXPECTED TO BE AU$85M.‍DURING THIS TRANSITIONAL PERIOD, HFA WILL COMMISSION A NEW MEAT PROCESSING PLANT IN QUEENSLAND​.  Full Article

Woolworths Group Sees FY18 Loss Before Interest And Tax Between $80 - $120 Mln For Big W ​
Thursday, 22 Feb 2018 04:23pm EST 

Feb 23 (Reuters) - Woolworths Group Ltd ::EXPECT BETTER SECOND HALF RESULT THAN PRIOR YEAR FOR BIG W WITH FY18 LOSS BEFORE INTEREST AND TAX EXPECTED TO BE $80 - $120 MILLION​.AUSTRALIAN FOOD MAY SEE A MODERATION IN SALES GROWTH RATE FOR SECOND HALF​.  Full Article

Woolworths Group Says HY Net Profit Attributable Up 37.6 Pct To $969​ Mln
Thursday, 22 Feb 2018 04:21pm EST 

Feb 23 (Reuters) - Woolworths Group Ltd ::HY ‍NET PROFIT ATTRIBUTABLE TO EQUITY HOLDERS OF PARENT ENTITY UP 37.6 PERCENT TO $969​ MILLION.‍INTERIM DIVIDEND 43 CENTS PER SHARE​.HY TOTAL REVENUE FROM ORDINARY ACTIVITIES UP ‍3.8 PERCENT TO $30​.05 BILLION.  Full Article

BP says Consulting With Lawyers After Australian Watchdog Blocks Woolworths Deal
Wednesday, 13 Dec 2017 06:25pm EST 

Dec 14 (Reuters) - BP Plc ::ACKNOWLEDGES ANNOUNCEMENT BY AUSTRALIAN COMPETITION AND CONSUMER COMMISSION THAT IT INTENDS TO OPPOSE PROPOSED ACQUISITION OF WOOLWORTHS’ RETAIL FUEL BUSINESS."REMAIN CONFIDENT,WITH APPROPRIATE DIVESTMENTS AS OFFERED BY BP,WOOLWORTHS' RETAIL FUEL BUSINESS DEAL WOULD NOT SUBSTANTIALLY LESSEN COMPETITION‍​".CURRENTLY CONSULTING WITH LAWYERS TO DETERMINE NEXT STEPS AFTER ACCC INTENDS TO OPPOSE PROPOSED ACQUISITION OF WOOLWORTHS' RETAIL FUEL BUSINESS.  Full Article

Caltex Australia Says Will Continue To Provide Fuel Supply To Woolworths
Wednesday, 13 Dec 2017 06:08pm EST 

Dec 14 (Reuters) - Caltex Australia Ltd ::CALTEX AUSTRALIA LIMITED NOTES ACCC DECISION,WOW-CTX.AX.‍WILL CONTINUE TO PROVIDE FUEL SUPPLY TO WOOLWORTHS AND ITS CUSTOMERS.  Full Article

Australian Competition and Consumer Commission To Oppose BP's Acquisition Of Woolworths Service
Wednesday, 13 Dec 2017 05:12pm EST 

Dec 14 (Reuters) - Australian Competition and Consumer Commission::ACCC TO OPPOSE BP'S ACQUISITION-WOW'S SERVICE STATIONS.TO OPPOSE BP'S ACQUISITION OF WOOLWORTHS SERVICE."‍BP ACQUIRING WOOLWORTHS' SERVICE STATIONS WILL BE LIKELY TO SUBSTANTIALLY LESSEN COMPETITION IN RETAIL SUPPLY OF FUEL"​."‍BELIEVE THAT FUEL PRICES WILL LIKELY INCREASE AT WOOLWORTHS SITES IF BP ACQUIRES THEM AND OTHER RETAILERS WOULD THEN FACE LESS COMPETITIVE PRESSURE"​."DETERMINED THAT UNDERLYING CONCERNS ARISING FROM PROPOSED ACQUISITION WOULD NOT BE ADDRESSED BY DIVESTMENTS PROPOSED BY BP"​.  Full Article

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Australia's Woolworths quarterly sales rise 4.2%, aided by better weather

Australia's biggest supermarket chain Woolworths Group Ltd reported a 4.2 percent rise in third-quarter sales on Thursday, benefiting from lower food deflation and better weather that boosted results at its grocery business.