0112 GMT - Woolworths isn't seeing a reduction in terms of customer traffic at its stores, says CEO Amanda Bardwell, when asked how regulatory scrutiny of grocery prices, and Woolworths in particular, is impacting customer behavior. On a call with reporters, Bardwell says customers are seeking value, comparing prices, and choosing to "cross shop" at a greater rate than previously. She says customers are still shopping with Woolworths, but aren't adding as many items to their baskets as before. "We certainly expect to see value seeking behavior from our customers continue into the year ahead," she says, underscoring what will be an ongoing challenge for Australia's big grocery chains. (mike.cherney@wsj.com; @Mike_Cherney)
(END) Dow Jones Newswires
February 25, 2025 20:12 ET (01:12 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。