Value Investor: Woolworths stays fresh

Woolworths’ core food and liquor business has remained resilient and its strong cashflow generation will help to fund an ambitious store rollout plan.

Woolworths’ Australian Food & Liquor division delivered a strong third quarter sales result as this division continues to take market share. A core business for WOW, Australian Food & Liquor grew sales 4.4 per cent -- significantly faster than Australia’s population growth of 1.5 per cent and marginally faster than Coles’ sales growth of 3.9 per cent over the same period.

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