There's going to be some disappointment in the Big W result, but that is going to be largely offset by continued strength in the hotels division. Hotels seems to go from strength to strength.
More Quotes from Matt Hoult:
This result is disappointing as they have increased their cost estimates. Anyone hoping for a better result is going to walk away disappointed.Matt Hoult
The top-line growth is pretty solid. They're continuing to get their cost strategy right.
Matt Hoult
They've set themselves up astonishingly well for the next couple of years, especially so when you see that some of the big growth has come in high-margin businesses.
Matt Hoult
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Mike Tyson
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