Australian Supermarket Goliaths Outperformed by Metcash: ChartBy
The two biggest names in Australian supermarkets haven’t had the best recent returns. Instead, investors have rewarded Metcash Ltd.’s efforts to fend off competition from larger rivals Wesfarmers Ltd.’s Coles, Woolworths Ltd. and Aldi. The stock may get another boost from today’s earnings report -- Credit Suisse Group AG expects Metcash to resume dividend payments this fiscal year.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.