WOW 0.27% $33.79 woolworths group limited

Haven't read full report just headline figures. Yet another...

  1. DSD
    15,757 Posts.
    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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