Mixed Bag Seen for Woolworths After 1H Result -- Market Talk

Dow Jones

Feb 26, 2025

0020 GMT - Jefferies analysts Michael Simotas and Naveed Fazal Bawa say Australian grocer Woolworths's 1H result was a miss, driven by the main Australian food unit and W Living. Group earnings was 3% below consensus, reflecting a hit from a worker strike and consumers being more willing to shop around. But the analysts also see reasons for optimism. The troubled New Zealand food unit showed some signs of improvement in the half. In addition, the trading update for the first few weeks of 2H show improvements in the Australian food business, and 2H guidance is slightly ahead of consensus expectations. Investors still seem cautious for now, with Woolworths shares bouncing between small gains and losses in early trade. Jefferies has a hold rating on the Aussie grocer. (mike.cherney@wsj.com; @Mike_Cherney)

(END) Dow Jones Newswires

February 25, 2025 19:20 ET (00:20 GMT)

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Group earnings was 3% below consensus, reflecting a hit from a worker strike and consumers being more willing to shop around. But the analysts also see reasons for optimism. The troubled New Zealand food unit showed some signs of improvement in the half. In addition, the trading update for the first few weeks of 2H show improvements in the Australian food business, and 2H guidance is slightly ahead of consensus expectations. Investors still seem cautious for now, with Woolworths shares bouncing between small gains and losses in early trade. Jefferies has a hold rating on the Aussie grocer. (mike.cherney@wsj.com; @Mike_Cherney) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 25, 2025 19:20 ET (00:20 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Mixed Bag Seen for Woolworths After 1H Result -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMixed Bag Seen for Woolworths After 1H Result -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-26 08:20</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0020 GMT - Jefferies analysts Michael Simotas and Naveed Fazal Bawa say Australian grocer Woolworths's 1H result was a miss, driven by the main Australian food unit and W Living. Group earnings was 3% below consensus, reflecting a hit from a worker strike and consumers being more willing to shop around. But the analysts also see reasons for optimism. The troubled New Zealand food unit showed some signs of improvement in the half. In addition, the trading update for the first few weeks of 2H show improvements in the Australian food business, and 2H guidance is slightly ahead of consensus expectations. Investors still seem cautious for now, with Woolworths shares bouncing between small gains and losses in early trade. Jefferies has a hold rating on the Aussie grocer. (mike.cherney@wsj.com; @Mike_Cherney) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 25, 2025 19:20 ET (00:20 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7501","symbol_name":"新冠治疗股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2514202939","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2514202939","pubTimestamp":1740529200,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0020 GMT - Jefferies analysts Michael Simotas and Naveed Fazal Bawa say Australian grocer Woolworths's 1H result was a miss, driven by the main Australian food unit and W Living. Group earnings was 3% below consensus, reflecting a hit from a worker strike and consumers being more willing to shop around. But the analysts also see reasons for optimism. The troubled New Zealand food unit showed some signs of improvement in the half. In addition, the trading update for the first few weeks of 2H show improvements in the Australian food business, and 2H guidance is slightly ahead of consensus expectations. Investors still seem cautious for now, with Woolworths shares bouncing between small gains and losses in early trade. Jefferies has a hold rating on the Aussie grocer. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7501":"新冠治疗股","BK7040":"食品零售","WOW.AU":"WOOLWORTHS GROUP LTD","BK7511":"ESG概念"},"translate_title":"Woolworths在1小时业绩后表现好坏参半——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WOW.AU":0.9},"content_text":"0020 GMT - Jefferies analysts Michael Simotas and Naveed Fazal Bawa say Australian grocer Woolworths's 1H result was a miss, driven by the main Australian food unit and W Living. Group earnings was 3% below consensus, reflecting a hit from a worker strike and consumers being more willing to shop around. But the analysts also see reasons for optimism. The troubled New Zealand food unit showed some signs of improvement in the half. In addition, the trading update for the first few weeks of 2H show improvements in the Australian food business, and 2H guidance is slightly ahead of consensus expectations. Investors still seem cautious for now, with Woolworths shares bouncing between small gains and losses in early trade. Jefferies has a hold rating on the Aussie grocer. (mike.cherney@wsj.com; @Mike_Cherney) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 25, 2025 19:20 ET (00:20 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}