Chelsie Harris’ Post

In the dynamic Australian retail landscape, Coles Group Ltd seems to hold its ground with a slight share price uptick, while rival Woolworths Group Ltd experiences a considerable downturn. As investors seek stable opportunities, is it time to look at Coles as a favorable buy amidst Woolworths' decline? 🛒📈 💡 Here's what experts have to say: - Bell Potter sees promise in Coles with a $19 price target. - Morgans suggests adding Coles to your portfolio, with prospects for growth. - UBS endorses Coles' buy rating, considering cost savings. - Goldman Sachs advises caution, recommending a sell. Whether you're a seasoned investor or just keeping an eye on the market, it's essential to weigh these viewpoints against your investment strategy and the current market conditions. With this mix of forecasts, your next move could be contingent on an array of factors, from market analysis to assessing Coles' digital adaptation. For those interested in delving deeper into this financial conundrum, visit the full article: https://lnkd.in/gdXVPf_S ⤴️ #Investment #Coles #Woolworths #RetailSector #StockMarket #MarketInsights #FinancialAnalysis #EquityInvesting #AustralianMarket

Shares In Tesco And Sainsbury’s Up After Positive Outlook From City Analysts Shares in Tesco and Sainsbury’s moved higher yesterday following double upgrades by US investment bank JP Morgan. Both supermarkets were lifted from ‘underweight’ to ‘overweight’ in a note by analysts, which highlighted the potential upside in the UK’s grocery sector next year. “Our view into 2025 is more balanced and varies by market, in particular more constructive on the UK, while we believe that the EU food retail sector will move into stock-picker territory,” JP Morgan said. “As a result, we update several recommendations based on our recent analysis.” The analysts suggested that Tesco and Sainsbury’s both offered “upside risk” moving into next year, adding: “We assume the improved execution and relative price positioning at both continue in sharp contrast to strategies of margin preservation/maximisation at key rivals Asda/Morrisons and discounters; we think that, in 2025, there will be higher price inflation, underpinned by an industry-wide pass-through of cost inflation. “This shall entail a constructive gross margin/CF/capital return outlook and therefore our above-the-street expectations.” Sainsbury’s and Tesco shares gained 2.8% and 2.4% respectively on Thursday. NamNews Implications: *. One of the few instances where ‘overweight’ is not a criticism. *. Seriously, the UK’s two best players are looking good. *. …and driving for growth… *. …..with your help! #sharePrice #Tesco #Sainsburys

📢 SA Retail Sentiment Index out today! For a second year running, Woolworths has finished first in the SA Retail Sentiment Index, topping the rankings for both operational and reputational Net Sentiment. Find out what is driving praise and complaints towards SA's leading grocery retails: Pick n Pay, The Shoprite Group of Companies, SPAR South Africa and Woolworths. Full report available for download here: https://lnkd.in/eQ7nhrk8 #SARetailIndex #ConsumerSentiment #RetailTrends #MarketInsights #SentimentData

Insights from Lumina Intelligence's Retail Navigator showcase Tesco's profit surge as inflation eases and volume growth returns. The group operating profits jumped 100.1% to £2.82bn for the year to 24 February 2024 with pre-tax profits climbing to £2.29bn. Tesco delivered around £640m savings under its 'Save to Invest' strategy in FY2023, with £1.2bn of cumulative savings. The grocer saw statutory revenues rise 4.4% to £68.19bn with UK and ROI sales climbing 7.6% to £56.34bn. Read more: https://lnkd.in/em8AMrXW Learn more about Lumina Intelligence's Retail Navigator here: https://lnkd.in/eTxrX32W or get in touch with George Mackellow to book a demo. #tesco #grocery #retail #marketinsights #marketresearch #marketgrowth #marketshare #retailers

Tesco’s upward revision of its profit outlook signals not just a robust performance for the supermarket giant but also a broader positive trend for the UK retail sector. The increase in retail adjusted operating profit guidance to £2.9 billion, alongside a 3.5 percent growth in sales, reflects a resilient consumer base willing to spend despite economic pressures. This growth trajectory is particularly noteworthy given the challenging backdrop of rising inflation and fluctuating consumer confidence. https://lnkd.in/eHHugBMy

Consumer spending is cautious as interest rates ease after the most aggressive hike in 40+ years. Retailers are hopeful that rate cuts will boost confidence 💪 and holiday sales 🎁. Investment in food and beverage retail is rising 🍽️ despite high construction costs 🏗️, with stronger growth projected by 2025-2026. Stay ahead—join ICSC for exclusive insights! #ICSC #ICSCCreator #Partnership #RetailinRealTime #FedRateCut #InterestRates #RetailInsights #RetailTrends

Amidst a massive cost of living crisis and calls for an inquiry into the supermarkets concerning allegations of price gouging and heightened media coverage of profit announcements, trust for our previously beloved supermarkets has been decimated. Coles has plummeted 221 places from its December 2023 ranking as Australia’s 5th most trusted brand to become Australia’s 9th most distrusted brand (12-month rolling average to March 2024). The news for Woolworths, while less dramatic, is still significant. It has dropped 32 places from its December 2023 ranking as Australia’s 2nd most trusted brand to become the nation’s 34th most trusted brand in March. #CostOfLivingCrisis #RetailIndustry #BusinessEthics Read More: https://ow.ly/33HY50Rz5t8

Well, I guess 'every little helps' as Tesco deliver strong Q3 and Christmas trading. With sales up 4.1% over the period, their biggest ever Christmas trading period. However, with food price inflation still strong and a recent retail lobby stating that they expect them to only go up from here, this may not necessarily mean the UK consumer is back. One glimmer of hope however is that Tesco's retail basket did show 1.4% growth over the period, not a beacon for retail strength overall given Tesco's convenience advantage so we wait to see how the retail sector comes through with result to see if the UK consumer has shrugged off the October budget. IronMarket Wealth FINT Invest #tesco #retail #markets

(AUSTRALIA 23.07.24) Supplier survey suggests Coles has outperformed Woolworths all year. The UBS survey of supermarket suppliers indicates that Coles has outperformed Woolworths throughout the year, narrowing the gap with its larger competitor. The survey found that 41% of suppliers believed Coles performed better than Woolworths in the final quarter, compared to only 19% for Woolworths. Regarding market share gains since the start of the year, 30% of suppliers pointed to Coles, while just 8% mentioned Woolworths. Notably, Aldi topped the list for market share growth, with 59% of suppliers noting its expansion.The survey predicts a slight slowdown in supermarket growth, with inflation remaining positive but lower than in previous years. Fresh food inflation is expected to outpace that of dry grocery items in the coming year. Regulatory pressures have impacted the supermarkets' reputations, with both Coles and Woolworths dropping in reputation rankings.The Australian Competition and Consumer Commission's interim report on the sector is due in August, with the final report expected in February. This ongoing scrutiny reflects the broader concerns about pricing and competition practices in the supermarket sector. Overall, the survey suggests that Coles is improving its competitive position against Woolworths, while Aldi continues to make significant market share gains. https://lnkd.in/gBY5q9ni