Woolies under the hammer

Woolworths’ shares have slipped amid disappointment in Masters and increasing competition, but it has the strength to overcome these problems.

A recent article in the Financial Review noted that Australia’s banks are the most profitable among developed market economies, as measured by interest margin. If you put together a similar table for the world’s biggest grocery retailers (or look at ours in Table 1) you’d find Woolworths at the top.

Sure, Walmart runs it close in terms of earnings before interest and tax (EBIT) margin and Costco pips it for return on capital employed (ROCE), but taking it all together it would be hard to argue against good ’ol Woolies.

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles