Deutsche is forecasting 11.5 per cent EBIT growth in food this year, underpinned by 4.9 per
cent sales growth and EBIT margins of 4.7 per cent.
«Woolworths» 4.5 per
cent sales growth (in the March quarter) was no surprise to the sector — from Christmas Woolworths has been performing better and has been more interested in talking about promotions,» one source said.
Mr Clarke said the 15 priority brands led by Penfolds and Wolf Blass generated 13 per
cent sales growth in total in 2014 - 2015, but there were four of the 15 which went backwards on the sales front.
Not exact matches
Last month, Green Mountain noted that its
growth is slowing but that it still expects
sales to increase by 15 to 20 per
cent next year.
For all of 2017, retail
sales increased 6.7 per
cent to reach $ 588 billion, the highest annual
growth rate since 1997.
Coffee consumption in the world's second biggest economy is still well below that of Europe and the US, and market researcher Euromonitor predicts that retail
sales volume of fresh coffee will post a compound annual
growth rate of 17 per
cent in China.
FAST food chain Nando's has achieved total WA
sales growth of more than 80 per
cent per annum during the past four years, says national marketing manager James Tomlinson.
After accounting for the impacts of measures and adjustments, the
Sales Tax revenue base is projected to grow at an average annual rate of 4.3 per
cent over the forecast period, roughly consistent with the average annual
growth in nominal consumption of 4.0 per
cent over this period.
The FactSet consensus was for EPS of 47
cents, revenue of $ 4.05 billion, and same - store
sales growth of 2.7 %.
The FactSet consensus is for same - store
sales growth of 0.7 % and EPS of 13
cents.
French food group Danone achieved better than expected first - quarter
sales growth of nearly 5 per
cent, helped by Chinese demand for its baby formula products, cementing guidance for higher profit and
sales this year and beyond.
Starbucks delivered a 1 -
cent earnings beat from a 41
cent basis, higher - than - expected revenues and 7 percent global same - store -
sales growth, which includes an 11 percent increase in the China / Asia Pacific market.
At home, the company's annual same - store
sales growth in Canada — a measure of the performance of restaurants open for more than a year — have slipped from a high of six per
cent in the mid-2000s to little more than one per
cent last year.
That's a big change from the previous half decade when 86 per
cent of the company's
growth came from iPhone
sales.
Investors cheered when same - store
sales growth rose to 2.6 per
cent in the second quarter thanks to the introduction of new products, but it was a small victory compared to the threat posed by a Canadian market saturated with red Tim Hortons signs.
Coles» same - store food and liquor
sales rose 0.9 per
cent in the March quarter — falling short of market forecasts of about 1.4 per
cent and trailing behind the 2.5 per
cent growth in the broader food and grocery market.
Coles Express
sales fell 8 per
cent to $ 1.3 billion as comparable fuel volumes fell 15.9 per
cent, (on top of a 22 per
cent fall in the year ago period), countering modest convenience store
sales growth.
The household sector remains the key driver of
growth, with retail
sales having risen by 6.4 per
cent over the year to March.
Retail
sales weakened markedly, with
growth slowing to 10.6 per
cent from 2014's full - year expansion of 12 per
cent, threatening to undercut official efforts to nurture a consumer - driven economy.
After adjusting for the timing of New Year's Day and Easter, same - store food and liquor
sales rose 1.3 per
cent — the strongest
growth in six quarters but still well below that at Woolworths, where same - store food
sales are forecast to grow 3.8 per
cent.
Total
sales rose 7.2 per
cent to $ 598 million, compared with
growth of 11.8 per
cent in the December quarter and 9 per
cent in the year ago period.
Sid Rajeev, Vice President, Head of Research at Fundamental Research Corp., notes, «The Commodities Research Unit («CRU») Group estimates electric car and plug - in hybrid vehicle
sales could reach approximately 14.2 million by 2025, up from 0.77 million last year, reflecting a compound average
growth rate of 38 per
cent per year from 2016 to 2025.»
In a sixth year of consecutive
growth, organic
sales rose by six per
cent to a record # 2.2 bn, driven largely by independent outlets and home deliveries
More recently, the volume of retail
sales rose by 0.8 per
cent in the March quarter, driven by solid
growth in January and February, with the value of
sales unchanged in March.
In its industrial business segment, where it sells cocoa and chocolate products to manufacturers, the company recorded a
sales growth of 10.8 per
cent.
Educated consumers could further drive up
sales of dark chocolate which, according to analysts Leatherhead International now makes up 19 per
cent of the global chocolate market and is well - positioned for future
growth.
Morningstar analyst David Ellis tips
sales growth into the lucrative Japanese market via Challenger's distribution relationship with MS Primary, but also forecasts margins to contract by 3.95 per
cent to 2022, reflecting this changing product mix.
Not only is the food and liquor business producing impressive
growth — same - store
sales accelerated in the December quarter to 5 per
cent, well ahead of Coles» 1.3 per
cent growth — but supermarket profits are rising too.
They are showing annual
sales growth of about 25 per
cent, while online
sales are growing at double this pace.
Woolworths has announced a comparable food
sales growth of 4.9 per
cent in the first three months of the 2018 financial year.
Supermarket and grocery store
sales rose just 2.9 per
cent - the weakest rate of
growth since September 2013 and well below the six month trend - as Woolworths, Coles and independents supplied by Metcash cut prices to regain market share lost to Aldi.
Group
sales rose 4.9 per
cent to $ 2.45 billion, with volume
growth in most markets offsetting lower average prices.
TWE's renewed success in China comes at a time when the likes of Coke and Unilever are reporting single - digit
growth in China, while beverage group Diageo saw its full year
sales fall 2 per
cent across the Asia - Pacific.
The market was more fixated with Woolworths» Australian supermarket operation, which generates nearly 90 per
cent of the company's annual
sales and which posted headline
sales growth of 5.1 per
cent, Easter adjusted, to $ 10.4 billion.
On Tuesday, Coles posted same - store
sales growth, Easter adjusted, of 3.5 per
cent.
But same - store
growth - which strips out the impact of new stores and is a better measure of
sales gains - was only 2.9 per
cent better for the period, or 3.5 per
cent adjusted for Easter.
Advertising doyen Harold Mitchell will sell up to 49 per
cent of his cattle station empire in Western Australia to boost the
growth of an already - growing business, with expectations the
sale could fetch about $ 40 million.
In the March quarter, Woolworths» same - store food
sales soared 4.5 per
cent, the strongest
growth since 2010, while Coles» same - store food
sales slowed to 0.8 per
cent, with the gap widening to 370 basis points.
Mr O'Connell and CCA chief executive Alison Watkins are confident that the $ 10 million launch of Coke Life on April 7 will restore volume and
sales growth to the entire Coca - Cola brand, improving CCA's fortunes after a horror year last in 2014, when
sales fell 2 per
cent and net profit by 25 per
cent to the lowest level for eight years.
While analysts believe the likelihood of a full - blown price war remains less than 50 per
cent, fund managers believe Coles is willing to sacrifice profit
growth to boost same - store
sales and protect its market share.
Local
sales of branded Australian wine «flatlined» over the past five years with imported product - led by New Zealand's ubiquitous sauvignon blanc - accounting for 75 per
cent of
sales growth over this period, Mr Walton said.
After years of marketing virgin coconut oil in the natural health marketplace, Banaban brand
sales leapt in the 2011/12 financial year to over 133 per
cent growth, reaching further
growth of 50 per
cent in 2012/13.
Nielsen has forecast that Australian branded wine will account for 70 per
cent of the $ 400 million
sales growth to 2015 and will have its best opportunity for a decade to thrive.
In 2014 the company's
sales are on track to hit 70 per
cent growth.
Sales of private - label brands such as Woolworths» Macro and Select, Coles's Finest and Aldi's exclusive brands grew 6.6 per cent in 2014, according to Nielsen, outpacing the 2.4 per cent growth in total grocery s
Sales of private - label brands such as Woolworths» Macro and Select, Coles's Finest and Aldi's exclusive brands grew 6.6 per
cent in 2014, according to Nielsen, outpacing the 2.4 per
cent growth in total grocery
salessales.
The
growth adds to a 91 per
cent rise in organic milk
sales across the UK in the year up to last November.
In the ALM liquor business, EBITA rose 45.2 per
cent to $ 24.1 million after a 20.9 per
cent increase in
sales to $ 1.54 billion, buoyed by a new supply contract with LMG, strong
growth in wine
sales at independent bottle shops and the acquisition of four hotels with detached bottle shops.
Shiraz is the No. 1 export variety with $ 601 million in
sales across all destinations after enjoying 18 per
cent growth.
Deutsche Bank estimates that Coles» same - store liquor
sales grew faster than food in the June quarter, rising 4.3 per
cent and taking
growth for the year to 2.1 per
cent.
Woolworths reported last week that earnings before interest and tax for the Australian food and liquor division, which accounted for 66 per
cent of
sales in the half, grew 6.3 per
cent to $ 1.49 billion - nearly doubling the earnings
growth of the overall business.