Woolworths (WOW)
Woolworths on the ASX Stock
Exchange
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Woolworths
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Woolworths is one of the largest
retail food outlets in Australia whose major competitor is
Coles who are owned by Wesfarmers. Whilst Woolworths
concentrates specifically on its supermarket operations it has
significant interests among a range of other retail outlets
including Caltex Woolworths cobranded service stations, Big W
retail outlets, Powerhouse and Tandy, liquor outlets and Dick
Smith.
On the liquor side of the
business, Woolworths has a wide range of retail outlets
including Dan Murphy, Beer Wine Spirits, first estate fine
wines and Bailey and Bailey. Woolworths also operates the home
shop and greengrocer food retailing stores and operate Ezy
banking which offers a range of banking products backed by the
Commonwealth Bank of Australia. In addition to this Woolworths
operates in excess of 190 stores in New Zealand under the name
Foodland.
Many of you would have also filled
up at one of their service stations which offers discount
petrol to those who shop via their Woolworths outlets. They
have always been at the forefront of offering incentives with
cross merchandise opportunities and are recently looking to
replace their paper petrol dockets with a card-based system.
Woolworths also has investment interests in over 270
hotels.
Diversifying even further,
Woolworth currently has in excess of 400 consumer electronic
outlets under the various brand names such as Dick Smith
electronics, Powerhouse and Tandy.
The share price of Woolworth has
been one of the strongest up trending stocks over the last five
years which has seen the share price more than triple in value
from around $10 to $35. Even during the incredibly tough
economic environment in 2008 and 09 the share price has simply
consolidated. This just goes to show how well positioned
Woolworths is moving to the future.
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Woolworths Quick Facts (as of
1 February
2009)
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Chairman:Mr James A Strong
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MD/CEO: Mr Michael Gerard
Luscombe
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Industry Group: Food & Staples
Retailing
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Shares on
issue: 1,225,596,977
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Market
Cap: $34,255,435,507
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www.woolworthslimited.com.au
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