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Jim Cramer on Costco: “It’s Been One of the Greatest Performers of All Time”
Yahoo Finance· 2025-11-25 13:15
Costco Wholesale Corporation (NASDAQ:COST) is one of the stocks Jim Cramer recently shed light on. During the episode, a caller asked the reason behind the stock’s “lackluster” performance despite the fact that the company seems to be executing well. In response, Cramer said: “Okay, well, first of all, let’s remember, long term, it’s been one of the greatest performers of all time. Second, what happens is, at 44 times earnings, the rest of the market sells at a much cheaper price. Periodically, it has the ...
Woolworths Group registers 2.7% growth in Q1 sales for FY26
Yahoo Finance· 2025-10-29 10:18
Core Insights - Woolworths Group reported a 2.7% increase in total group sales for Q1 FY26, driven primarily by e-commerce growth [1][5] - Total sales for the quarter reached A$18.48 billion ($12.22 billion), compared to A$18 billion in the same period last year [1] - E-commerce sales rose by 13.2% year-on-year, highlighting the growing importance of online shopping [1] Australian Food Segment - Total quarterly sales in Australian Food reached A$13.89 billion, a 2.1% increase from A$13.6 billion a year earlier [2] - Woolworths Food retail sales grew by 2%, or 3.8% when excluding tobacco sales [2] - Business-to-business (B2B) sales in Australia increased by 6.2% to A$1.56 billion, reflecting growth in the B2B food category [2] - Adjusted for a change in the retail calendar, sales growth was 2.2% [2] New Zealand Food Segment - New Zealand Food sales grew by 3.2% to NZ$2.19 billion ($1.26 billion), supported by e-commerce performance [3] - Comparable sales in New Zealand rose by 3.7% [3] - Sales at W Living increased by 3.3% to A$1.39 billion, while BIG W reported a 1% rise in total sales to A$1.14 billion [3] E-commerce Performance - E-commerce sales growth was noted at 12.9%, with on-demand growth being a highlight [4] - Sales delivered or picked up in under two hours increased by 39%, indicating a shift towards convenience for customers [4] Future Outlook - The company expressed cautious optimism for the upcoming key trading quarter, with plans for a refreshed seasonal range for the festive season [5]