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Woolworths Group Ltd ( (AU:WOW) ) just unveiled an update.
Woolworths Group’s Annual General Meeting highlighted the company’s financial challenges in FY25, with a notable decline in EBIT due to cost-of-living pressures, price reductions, and supply chain disruptions. Despite improved sales in some areas, the overall performance fell short of expectations, prompting the introduction of a new incentive for senior leaders to address immediate priorities and improve future outcomes.
The most recent analyst rating on (AU:WOW) stock is a Hold with a A$29.30 price target. To see the full list of analyst forecasts on Woolworths Group Ltd stock, see the AU:WOW Stock Forecast page.
More about Woolworths Group Ltd
Woolworths Group Ltd is a leading retail company in Australia, primarily engaged in the food and grocery sector. It operates supermarkets, discount department stores, and provides eCommerce and food services, with a market focus on Australian and New Zealand consumers.
Average Trading Volume: 3,404,225
Technical Sentiment Signal: Sell
Current Market Cap: A$32.8B
For an in-depth examination of WOW stock, go to TipRanks’ Overview page.