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
$32.97 |
Change
-0.500(1.49%) |
Mkt cap ! $40.27B | |||
| Open | High | Low | Value | Volume |
| $33.30 | $33.41 | $32.80 | $74.40M | 2.254M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2401 | $32.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.98 | 422 | 1 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| WOW (ASX) Chart |