ASX:WOW

Woolworths Group lift stop loss to $34.26

Update 9/6: Hold

Woolworths Group lift stop loss to $34.26

Woolworths Group is rated a buy with the stop loss at $32.83

Woolworths Group is under Algo Engine buy conditions. Add to watchlist and wait for a close above the 10-day average.

Woolworths Group

Woolworths Group is at a price level where long-term investors should consider the buy-side.

Woolworths Group

Woolworths Group downgraded first-half FY25 earnings guidance to $1.48-1.53 billion – representing a 5.6% decline.

Woolworths Group is a counter-trend trade and requires a tight stop loss at $32.60

Woolworths, one of Australia’s leading retail companies, has reported an impressive 5.3% increase in total sales for the first quarter of the fiscal year 2024. With a total revenue of $17.2 billion, Woolworths continues to demonstrate its robust performance in the market. Additionally, investors will be pleased to know that the forward dividend yield for FY24 stands at a promising 3.2%. This is a testament to Woolworths’ commitment to delivering value to its shareholders. As the company continues to thrive and expand its offerings, customers can expect an even better shopping experience at Woolworths stores across the country. Whether it’s grocery shopping or exploring various departments, Woolworths remains dedicated to providing quality

Woolworths Group 1Q24 total sales increased 5.3% to $17.2bn. The forward dividend yield into FY24 is now 3.2%.