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
$35.91 |
Change
0.390(1.10%) |
Mkt cap ! $43.86B | |||
| Open | High | Low | Value | Volume |
| $35.65 | $35.91 | $35.50 | $75.47M | 2.109M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 687 | $35.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.91 | 11649 | 2 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| WOW (ASX) Chart |