WOW 0.70% $34.21 woolworths group limited

News: WOW UPDATE 1-Australia's Woolworths posts surge in supermarket sales on stockpiling, page-3

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    Adisappointingresult,especiallyasdemandwilltaperoffnowasthelockdowniseased.Drinksalesarealreadybacktonormal.

    FoodsalesgrowthinthefirstthreeweeksofAprilwasinthemid-singledigitsanddrinkssaleswerebackatpre-COVID-19levels.

    Ontopofthat,theyarelosing$30amonthontheclosedhotelsbusinesswhichwilltakeawhiletorecover.
    While there are obviously some extraordinary costs the increased revenue up 10.7% something like $1.8Billion in the quarter, I would have thought, was a very good result. What did you expect?
 
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