ASX:WOWConsumer Retailing
Assessing Woolworths Group’s Valuation As JPMorgan Upgrade Follows Solid Q3 Sales And Cost Discipline
JPMorgan upgrade and Q3 sales put Woolworths in focus
Woolworths Group (ASX:WOW) is back on investor radars after JPMorgan upgraded the stock to “Overweight”, citing third quarter FY26 sales growth of 4.5% and solid Australian Food and eCommerce performance.
The broker also highlighted management’s ongoing cost discipline as a key support for Woolworths’ operating profile during a period of inflationary and geopolitical pressures, providing investors with additional information to reassess...