Woolworths traded at 39.65 this Friday August 28th, increasing 0.10 or 0.25 percent since the previous trading session. Looking back, over the last four weeks, Woolworths gained 2.22 percent. Over the last 12 months, its price rose by 37.67 percent. Looking ahead, we forecast Woolworths to be priced at 38.07 by the end of this quarter and at 35.80 in one year, according to Trading Economics global macro models projections and analysts expectations.
Woolworths Group Limited is engaged in retail operations. The Company’s segments include Australian Food, New Zealand Food and portfolio. Australian Food segment is engaged in procurement of food and related products for resale and provision of services to customers in Australia. It operates approximately 1,052 Woolworths Supermarkets and Metro Food Stores. New Zealand Food is engaged in procurement of food and drinks for resale to customers in New Zealand. Its portfolio segment consists of BIG W that operates approximately 179 stores, which is engaged in procurement of discount general merchandise products for resale to customers in Australia. The Company also has online operations for its primary trading divisions. The Company operates primarily in Australia and New Zealand and operates approximately 3,357 stores.