Woolworths Group (WOLWF) to Release Earnings on Wednesday

Woolworths Group (OTCMKTS:WOLWF) is anticipated to post its results before the market opens on Wednesday, February 25th. Analysts expect Woolworths Group to post earnings of $0.4344 per share and revenue of $24.7744 billion for the quarter.

Woolworths Group Price Performance

WOLWF opened at $20.94 on Monday. The company has a 50 day moving average of $20.42 and a 200 day moving average of $19.16. Woolworths Group has a 12 month low of $16.00 and a 12 month high of $23.26.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group initiated coverage on Woolworths Group in a research report on Monday, January 19th. They issued a “buy” rating and a $37.00 price target for the company. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Woolworths Group currently has an average rating of “Moderate Buy” and an average price target of $34.00.

Woolworths Group Company Profile

Woolworths Group is one of Australia’s leading retail companies, operating a diversified portfolio of supermarket, liquor, and general merchandise banners. Founded in 1924 and headquartered in Bella Vista, New South Wales, the company grew from a single variety store into a national retailer with more than 1,000 Woolworths Supermarkets, Big W discount department stores, and an extensive network of convenience and Metro outlets across Australia and New Zealand. Its core supermarket segment offers fresh produce, meat, bakery, deli, seafood, and everyday grocery items, while its general merchandise arm provides clothing, home goods, electronics and seasonal products.

In addition to supermarkets and discount department stores, Woolworths Group operates several specialty liquor brands, including BWS, Dan Murphy’s and Cellarmasters, following the demerger of Endeavour Group in 2021.