Report
Johannes Faul
EUR 101.80 For Business Accounts Only

Woolworths Has the Lead Over Coles, but the Competition Isn’t Rolling Over

In fiscal 2017, Woolworths performed well in enticing customers to shop in its supermarkets. We estimate Woolworths’ market share in Australian food and liquor retailing increased to 36.7%, up 30 basis points from 36.4% in fiscal 2016, representing the first year that the company increased market share since fiscal 2013. Coles and IGA both lost market share in fiscal 2017, as Woolworths and Aldi grew faster than the overall market.
Woolworths clearly has the momentum over Coles currently. Howeve...
Underlying
Woolworths Group Ltd

Woolworths Group is organized into five segments: Australian Food and Petrol, which involves the procurement of food and petroleum products for resale to customers in Australia; New Zealand Supermarkets, which involves the procurement of food and liquor and products for resale to customers in New Zealand; Endeavour Drinks Group, which involves the procurement of liquor products for resale to customers in Australia; BIG W, which involves the procurement of discount general merchandise products for resale to customers in Australia; as well as Hotels, which involves the provision of leisure and hospitality services, accommodation, entertainment and gaming in Australia.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Johannes Faul

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