Woolworths Falls as ASX Climbs; Margin Pressure Stays in Focus
Woolworths closed down 1.25% at A$37.78 on Wednesday, underperforming the S&P/ASX 200, which rose 0.54% to 8,966.30. Investors weighed higher fuel costs and price cuts against recent sales gains. Woolworths has flagged more cost-cutting, including offshoring corporate roles. No new price-sensitive filings were posted in the latest session.