Woolworths Group (WOLWF) Expected to Announce Quarterly Earnings on Wednesday

Woolworths Group (OTCMKTS:WOLWF) is expected to be posting 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

OTCMKTS:WOLWF opened at $20.94 on Friday. The stock has a 50 day simple moving average of $20.42 and a 200 day simple moving average of $19.16. Woolworths Group has a 1-year low of $16.00 and a 1-year high of $23.26.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group began coverage on Woolworths Group in a research report on Monday, January 19th. They set a “buy” rating and a $37.00 price objective on the stock. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price 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.