📈 ASX share review: Woolworths Group Ltd (ASX: WOW)
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What is Woolworths Group Ltd and what do they offer?
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So don't act on the information until you've spoken with your financial advisor. You'll find our full disclosure, disclaimer and link to our financial services guide in the show notes. Kate, welcome to this episode of the Australian Finance Podcast. It is good to be back, Owen. It is indeed. This episode is unofficially not sponsored by Axel Coffee Roasters.
Our favourite coffee shop in Melbourne, which I keep discovering there's more and more of them. Every suburb we go to, there seems to be an Axel.
There does. But you did say our favourite. I've got to pull you up right there, Kate. I still think Patricia's is the best coffee in Melbourne. No. But I don't think you like it because you sit on milk crates when you're there in an alleyway. yeah i think like it's a particular experience that works for some people i always like it when you take new people to patricia's this is a melbourne cafe for those of you that aren't familiar with it and you order like say like a cappuccino and oftentimes the first question is have you been to patricia's before because they don't do cappuccinos you just get coffee you just get what you get and i love that okay okay anyway we're talking about woolworths today
Which sell coffee.
Yeah, they sell coffee.
So there you go. Nice.
Yep, that's a good transition. We're all about good segues here on the Australian Finance Podcast. Where do you shop?
Well, it used to be Woolies, but now out of convenience because I've moved locations, Coles is the most convenient supermarket.
Well, when I did some research on this many years ago when I was interested in the supermarket wars, I read a study that showed that 22% of Australians shop at a supermarket based on location, so convenience basically, which makes sense. Coles and Woolies, which we'll get to in a moment, fierce rivals stock just about a lot of the same things unless you have particular products that you're after, say gluten-free varieties or other kind of brands that you like. But it's a really interesting thing that a lot of us still shop on convenience and I think the transition to online shopping is really interesting too. Kate, what did our Twitter community have to say?
Yes, so this episode is part of our monthly share or ETF deep dive series where we take a look into a particular ETF or company. And so this month we looked at five popular companies that users were looking at on RAS Media, which is our media news site for ASX companies, and put that up in a poll for our Facebook community. And the companies that were up for consideration this month were CBA, the bank,
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