WOW has taken a substantial non-cash impairment on its NZ Countdown supermarkets business.
I've yet to read the above presentation but a quick read of the detailed sales results did not mention why it's declared an A$0.40 special dividend on top of the A$0.57 'normal' dividend.
Big W continues to be a problem child with sales down.
With the Australian supermarkets, January and February 2024 were poor but since then, trading seems to have somewhat improved if I accurately scanned the numerous comments from outgoing CEO Brad Banducci.
Ann: Full Year Results Presentation, page-2
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Last
$32.98 |
Change
-0.030(0.09%) |
Mkt cap ! $40.28B | |||
| Open | High | Low | Value | Volume |
| $32.87 | $33.01 | $32.66 | $40.35M | 1.224M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3914 | $32.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.02 | 3000 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| WOW (ASX) Chart |