WOW.AX - Woolworths Group Limited

ASX - ASX Delayed Price. Currency in AUD
36.83
-0.08 (-0.22%)
At close: 4:10PM AEST
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Previous Close36.91
Open37.00
Bid39.31 x 0
Ask34.51 x 0
Day's Range36.66 - 37.05
52 Week Range27.03 - 38.10
Volume2,463,108
Avg. Volume2,693,028
Market Cap46.358B
Beta (3Y Monthly)0.39
PE Ratio (TTM)17.97
EPS (TTM)2.05
Earnings DateAug 30, 2019
Forward Dividend & Yield1.14 (3.13%)
Ex-Dividend Date2019-09-03
1y Target Est29.42
  • Thomson Reuters StreetEvents

    Edited Transcript of WOW.AX earnings conference call or presentation 29-Aug-19 12:30am GMT

    Full Year 2019 Woolworths Group Ltd Earnings Presentation

  • Reuters

    European fashion brands agree new deal in Bangladesh

    European fashion brands who buy readymade garments from Bangladesh agreed on Tuesday to hand over responsibility for issues like worker safety to a new body called the Readymade Sustainability Council (RSC). RSC, governed by the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), and brands and workers' representatives, will replace the Accord on Fire and Building Safety in Bangladesh to ensure compliance with work-place monitoring in the industry. The Accord was set up by European brands to improve factory safety in Bangladesh after a garment factory complex collapsed in 2013, killing more than 1,100 people.

  • What Kind Of Shareholders Own Woolworths Group Limited (ASX:WOW)?
    Simply Wall St.

    What Kind Of Shareholders Own Woolworths Group Limited (ASX:WOW)?

    The big shareholder groups in Woolworths Group Limited (ASX:WOW) have power over the company. Institutions will often...

  • Betting on Stocks Down Under
    Kiplinger

    Betting on Stocks Down Under

    With their sound fundamentals and enticing yields, Australian stocks make logical additions to any portfolio.

  • Power-Hungry Phone Companies Dial Into Surging Green Bond Market
    Bloomberg

    Power-Hungry Phone Companies Dial Into Surging Green Bond Market

    (Bloomberg) -- Phone carriers are huge energy users, and need to cut emissions. They also face massive bills to build out the next generation of wireless networks. Green bonds promise to help them with both.A steady flow of issuance could be building: Orange SA and BT Group Plc are poised to follow Telefonica SA and Verizon Communications Inc. in selling securities designed to fund environmentally friendly projects. The industry has already completed at least $3 billion of sales since January, its first steps into a sustainable debt market that Bloomberg New Energy Finance estimates could exceed $370 billion this year.The proceeds can help telecom companies replace power-hungry copper wires with fiber-optic cables, or build the 5G networks that promise to make cities, homes and factories more efficient. There’s plenty of investor appetite for this new take on sustainable investing, but there’s a catch: any hint that a bond doesn’t genuinely help the planet can cause some buyers to flee.“Telecoms have to invest a lot. In the long run, having green bonds in place is going to be very important,’’ said Juuso Rantala, who holds Telefonica’s green bond in the 400 million-euro ($449 million) fund he manages at Aktia Asset Management Ltd. in Finland. “If I find out that I cannot trust the company in the case of green bonds, I cannot trust them in many other ways too. If I cannot trust them, I don’t invest.’’The securities show how green debt is expanding beyond its original universe of the clean energy industry. Beef supplier Marfrig Global Foods SA and Australian retailer Woolworths Group Ltd. have tapped this market to help their operations become more environmentally friendly.For carriers, the task is urgent. The communications industry accounts for about 10% of global electricity demand, and that could exceed 20% by 2030 as demand for data balloons, according to Huawei Technologies Co.Telecom companies have ways to clean up their act. For example, replacing copper with glass wires would use 85% less energy, according to Telefonica. And 5G can enable a range of environmental benefits by allowing smart buildings to monitor heating, connected warehouses to optimize their logistics and power grids to better allocate electricity.But these companies are already staggering under a mountain of debt from, among other things, buying 5G licenses. They’ll need to make sure they can keep their borrowing costs low and tap investors when needed.That’s where green bonds can help: the interest costs are about the same as on these companies’ conventional securities, but they offer the opportunity to access a wider pool of investors.The share of funds focused on socially responsible investing, which includes environmental projects, has risen 34% over the last two years, and now accounts for $30.7 trillion of assets globally, according to the investor group Global Sustainable Investment Alliance.“Many more green telco bonds are likely,” Morgan Stanley analysts led by Emmet Kelly wrote in June. “Demand from funds that have incorporated sustainability into their investment framework has been key.’’Telefonica, based in Madrid, is a good example. Demand for the issue, which priced in January, was significant: the company received five times the orders than what was available for sale, and obtained a spread more than the mid-swap rate that was about 25 basis points lower than initial indications.The yield on the 1 billion-euro 5-year security is in line with the rest of its curve, Bloomberg data show, indicating it didn’t have to pay a premium to tap demand for sustainable credit. It’s a similar story for Verizon and Vodafone Group Plc.Orange and BT Group are paying attention -- they have inserted clauses into their Eurobond prospectuses which would let them issue green bonds in the near future. And Deutsche Telekom AG is monitoring the surging market closely, said a spokesman.For investors, the risks go beyond what’s expected for any fixed-income asset. Buyers also have consider just how green these bonds are.“The question is whether or not a bond offers a real energy efficiency gain or overall gain for the environment,’’ said Arnaud-Guilhem Lamy, who holds telecom securities in his 340 million-euro ($381 million) green bond fund at BNP Paribas Asset Management in Paris. “If we think it’s insufficient, we would sell.’’For a start, there’s always the possibility that this new breed of green-bond borrowers divert proceeds to inappropriate purposes, including pooling them into general funds. Though monitoring groups such as credit rating firms can discourage such behavior, it’s something investors need to watch.But 5G presents a particular environmental paradox.Internet-of-things technologies will connect billions more devices and require many more antennas, so 5G will initially use more power than 4G, according to Sustainalytics, an independent corporate sustainability research firm. This complicates the idea that 5G can be a green investment.However, Sustainalytics estimates the energy savings from 5G outweigh the extra emissions to deploy the new tech by a ratio of 5 to 1. The firm’s analysis of the Verizon bond issue, which included 5G deployment among the potential use of proceeds, found that it was a credible candidate for green financing.It’s a good thing, because Verizon plans on returning to this corner of the bond market. It looks like it will be welcome, too – its $1 billion issue of 10-year green debt was eight times oversubscribed within six hours of being offered for sale, said Jim Gowen, head of supply chain and sustainability for the U.S. carrier.“It was far beyond our wildest expectations,” Gowen said. “We are very interested in doing another one.’’\--With assistance from Paul Cohen and Lyubov Pronina.To contact the reporter on this story: Thomas Seal in London at tseal@bloomberg.netTo contact the editors responsible for this story: Rebecca Penty at rpenty@bloomberg.net, Jennifer RyanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Is Woolworths Group Limited's (ASX:WOW) CEO Being Overpaid?
    Simply Wall St.

    Is Woolworths Group Limited's (ASX:WOW) CEO Being Overpaid?

    In 2016 Brad Banducci was appointed CEO of Woolworths Group Limited (ASX:WOW). First, this article will compare CEO...

  • Are Woolworths Group Limited (ASX:WOW) Investors Paying Above The Intrinsic Value?
    Simply Wall St.

    Are Woolworths Group Limited (ASX:WOW) Investors Paying Above The Intrinsic Value?

    How far off is Woolworths Group Limited (ASX:WOW) from its intrinsic value? Using the most recent financial data...

  • Reuters

    UPDATE 4-Australia's Woolworths to offload drinks, pubs units amid slot machine pressure

    SYDNEY/BENGALURU, July 3 (Reuters) - Australia's biggest supermarket chain Woolworths Group Ltd said on Wednesday it will combine and spin off its drinks and pubs units to focus on its core business, cutting back its contentious involvement in poker-machine gambling. The demerger would give investors exposure to a standalone listed operator of 1,500 liquor stores and 327 pubs worth about A$10 billion ($7 billion), according to analysts, while reducing family-focused Woolworths' reliance on slot machine revenue. It also marks the beginning of the end of the major retailers' addiction to poker machine revenue, after Woolworths rival Coles Group Ltd said in March it was carving off its pubs business into a joint venture.

  • Did You Miss Woolworths Group's (ASX:WOW) 59% Share Price Gain?
    Simply Wall St.

    Did You Miss Woolworths Group's (ASX:WOW) 59% Share Price Gain?

    One simple way to benefit from the stock market is to buy an index fund. But if you buy good businesses at attractive...

  • Woolworths Group Limited (ASX:WOW): What We Can Expect From This Growth Stock
    Simply Wall St.

    Woolworths Group Limited (ASX:WOW): What We Can Expect From This Growth Stock

    Looking at Woolworths Group Limited's (ASX:WOW) earnings update in December 2018, analysts seem cautiously optimistic...

  • Thomson Reuters StreetEvents

    Edited Transcript of WOW.AX earnings conference call or presentation 20-Feb-19 12:00am GMT

    Half Year 2019 Woolworths Group Ltd Earnings Presentation

  • Reuters

    UPDATE 2-Australian grocer Coles eyes $685 mln in savings, shares jump

    SYDNEY/BENGALURU, June 18 (Reuters) - Coles Group Ltd , Australia's second-biggest grocery chain, on Tuesday unveiled a plan to cut A$1 billion ($685 million) in costs over the next four years, as it looks to technology to offset rising labour and energy costs. In its first major strategy update since being spun off last year by conglomerate Wesfarmers Ltd, Coles said it planned to automate manual tasks and reduce duplication to tackle rising costs. Australia's supermarket sector is grappling with intense competition as sales and margins get squeezed by cautious consumers and rising costs, while economic growth slows in Australia.

  • Should Woolworths Group Limited (ASX:WOW) Be Part Of Your Dividend Portfolio?
    Simply Wall St.

    Should Woolworths Group Limited (ASX:WOW) Be Part Of Your Dividend Portfolio?

    Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over tim...

  • Are Insiders Buying Woolworths Group Limited (ASX:WOW) Stock?
    Simply Wall St.

    Are Insiders Buying Woolworths Group Limited (ASX:WOW) Stock?

    We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be remiss not to mention that insider sales haveRead More...

  • Read This Before Considering Woolworths Group Limited (ASX:WOW) For Its Upcoming AU$0.45 Dividend
    Simply Wall St.

    Read This Before Considering Woolworths Group Limited (ASX:WOW) For Its Upcoming AU$0.45 Dividend

    Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! On the 05 April 2019, Woolworths Group Limited (ASX:WOW) willRead More...

  • Moody's

    EG Group Australia Pty Ltd -- Moody's assigns B2 ratings to EG Group's incremental first lien facilities and affirms existing ratings

    Moody's Investors Service ("Moody's") has today assigned a B2 rating to the new secured first lien loans being raised by EG Group Australia Pty Ltd (EGAU) and EG America LLC (EGAM) in connection with the acquisition by EG Group Limited (EG) of the Australian fuel forecourt business of Woolworths Group Limited (Woolworths, Baa2 stable). The rating agency also affirmed EG's B2 corporate family rating (CFR) and B2-PD probability of default rating (PDR), the B2 rating of the existing senior secured first lien facilities of EGAM and EG Finco Limited (Finco), and the Caa1 rating of the second lien loans of Finco and EGAM.

  • Is Woolworths Group Limited (ASX:WOW) A Financially Strong Company?
    Simply Wall St.

    Is Woolworths Group Limited (ASX:WOW) A Financially Strong Company?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Woolworths Group Limited (ASX:WOW), a large-cap worthRead More...

  • How Does Woolworths Group Limited’s (ASX:WOW) Earnings Growth Stack Up Against Industry Performance?
    Simply Wall St.

    How Does Woolworths Group Limited’s (ASX:WOW) Earnings Growth Stack Up Against Industry Performance?

    For investors with a long-term horizon, assessing earnings trend over time and against industry benchmarks is more valuable than looking at a single earnings announcement in one point in time. Read More...

  • Could Woolworths Group Limited’s (ASX:WOW) Investor Composition Influence The Stock Price?
    Simply Wall St.

    Could Woolworths Group Limited’s (ASX:WOW) Investor Composition Influence The Stock Price?

    If you want to know who really controls Woolworths Group Limited (ASX:WOW), then you'll have to look at the makeup of its share registry. Institutions often own shares in more Read More...

  • Woolworths: In memory of one of the weirdest shops on the British high street
    The Independent

    Woolworths: In memory of one of the weirdest shops on the British high street

    The last branches of Woolworths closed a decade ago today. As the shutters clanged down on the chain’s final 199 shopfronts in market towns across the British Isles on 6 January 2009, a little piece of UK high street history passed away. WHSmith may have you covered for greetings cards and Dean Koontz novels but it's all too rational.

  • Don’t Sell Woolworths Group Limited (ASX:WOW) Before You Read This
    Simply Wall St.

    Don’t Sell Woolworths Group Limited (ASX:WOW) Before You Read This

    This article is written for those who want to get better at using price to earnings ratios (P/E ratios). To keep it practical, we'll show how Woolworths Group Limited's (ASX:WOW) Read More...

  • What Do Analysts Think About Woolworths Group Limited’s (ASX:WOW) Growth?
    Simply Wall St.

    What Do Analysts Think About Woolworths Group Limited’s (ASX:WOW) Growth?

    In June 2018, Woolworths Group Limited (ASX:WOW) released its earnings update. Generally, analysts seem fairly confident, as a 17% increase in profits is expected in the upcoming year, compared with Read More...

  • Should You Worry About Woolworths Group Limited’s (ASX:WOW) CEO Salary Level?
    Simply Wall St.

    Should You Worry About Woolworths Group Limited’s (ASX:WOW) CEO Salary Level?

    In 2016 Brad Banducci was appointed CEO of Woolworths Group Limited (ASX:WOW). This analysis aims first to contrast CEO compensation with other large companies. After that, we will consider the Read More...

  • Simply Wall St.

    Should You Care About Woolworths Group Limited’s (ASX:WOW) Cash Levels?

    If you are currently a shareholder in Woolworths Group Limited (ASX:WOW), or considering investing in the stock, you need to examine how the business generates cash, and how it is Read More...