Market Chatter: Coles Beats Woolworths in Trading for First Time in Eight Years, UBS Says

MT Newswires Live

Jan 31, 2025

Coles Group (ASX:COL) outperformed Woolworths Group (ASX:WOW) in trading over the December 2024 quarter for the first time since January 2017, according to a Friday report by The Australian, citing investing and financial firm UBS.

UBS noted that its 37th supermarket supplier survey conducted from Jan. 6 to 29 rated the supermarket giants across 26 sub-categories on a scale of one to 10.

Coles averaged a score of 6.72, while Woolworths scored 6.68, UBS said, per the report.

The UBS survey findings follow Macquarie Equities' analysis that Coles will benefit from the supply chain disruptions at Woolworths last month, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WOW.AU","symbol_name":"WOOLWORTHS GROUP LTD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2507985261","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2507985261","pubTimestamp":1738289383,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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