Woolworths Group Ltd (ASX: WOW) was founded in 1924 by Percy Christmas, with its first store opening in Sydney’s Imperial Arcade. Woolworths has gone on to become Australia’s largest supermarket business, operating Woolworths supermarkets in Australia and Countdown in New Zealand. It also runs the retail department store Big W as well as liquor stores Dan Murphy’s and BWS. With over 3,000 stores and more than 200,000 employees, it’s one of Australia’s largest employers.
The Wesfarmers (ASX: WES) and Woolworths (ASX: WOW) rivalry has been reignited today after Woolworths lobbed a $1.75 per share offer for Australian Pharmaceutical (ASX: API).
Inghams Group (ASX: ING) has had a volatile dividend history and is currently paying 4.78% fully franked or 6.82% gross. Analysts are predicting an FY23 forward dividend yield of 5.8%, and earnings per share (EPS) growth of 8.07%. This gives ING an impressive 12.85% Chowder Number, at arguably a reasonable valuation.
The S&P/ASX 200 (ASX: XJO) gained another 0.3% to begin the week as Woodside (ASX:WPL) and Telstra (ASX:TLS) shares made headlines.
The Telstra Corporation Ltd (ASX:TLS) share price is currently up as its artificial intelligence play makes headlines.
Supermarket giant Coles Group Ltd (ASX: COL) share price is moving into the green today after the company provided a Q1 trading update.
The S&P/ASX 200 (ASX:XJO) managed to eke out another small gain on Wednesday as Woolies (ASX:WOW) and a2 Mik (ASX:A2M) shares made headlines.
Blue-chip retailer Woolworths Group Ltd (ASX: WOW) share price will be on watch today after a strong first-quarter result.
Why I own Xero Limited (ASX:XRO) shares. The power of inflection points.
With Melbourne celebrating freedom day, I expect the following 3 ASX shares to directly benefit from the city’s reopening.
