Haven't read full report just headline figures.
Yet another disappointing FY11 result! sigh. Profit up only 5.1% despite strong inflation in fresh food, v. strong AUD helping imported groceries/general goods and more stores. Final div increase of only 3c as opposed to the 5c we had become used-to. Full credit to WES/Coles. You've given Woolworths a spanking in FY11 and year B4 as well. Question now is: Have WOW become too arrogant and comfortable in their dominant position and not given the opposition the respect it deserves? I think they have.
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Price($) | Vol. | No. |
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