Thing is Revenue for coles was $20,087 m in 2015 and revenue for 2016 was $20,056m. So revenue doesn't seemed to have moved much at all. So is there any evidence that coles is losing market share to Aldi?
Also a according to this article no price war is immenant and sales at Woolworths might have actually grown in the first quarter this year which may indicate a turnaround
See end of the article
http://www.news.com.au/finance/busi...s/news-story/159e0105c89933396e192932daf2a28c
News: WOW UPDATE 1-Australia's Wesfarmers says half-year profit gains on home improvement, page-3
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Last
$31.23 |
Change
-0.280(0.89%) |
Mkt cap ! $38.15B | |||
| Open | High | Low | Value | Volume |
| $31.46 | $31.56 | $31.18 | $47.15M | 1.506M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 32 | $31.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $31.36 | 734 | 2 |
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| Last trade - 16.11pm 21/07/2025 (20 minute delay) ? |
| WOW (ASX) Chart |