Business
What analysts expect from the Woolworths (ASX:WOW) first half result
With earnings season on the horizon, I thought I would start to take a look at what is expected from some of Australia’s most popular companies.
Earlier today I looked at Coles Group Ltd (ASX: COL). You can read about that here. Whereas on this occasion, I’m going to take a look at its rival Woolworths Group Ltd (ASX: WOW).
What is expected from Woolworths in the first half of FY 2021?
Due to the favourable changes in consumer spending because of COVID-19, expectations are high for Woolworths in FY 2021.
However, one leading broker that suspects the retail giant could fall short of expectations is Goldman Sachs. In light of this, it will come as no surprise to learn that it has a neutral rating on the Woolworths share…
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