Azzet reports on three stocks with price moving updates today.
Woolworths dives on lower guidance ~
Shares in Woolworths (ASX: WOW) were trading 7% lower by 1:10 pm AEST (3:10 am GMT) after the supermarket giant lowered its full-year profit guidance.
While the retail giant reported a better-than-expected 4.5% rise in third-quarter sales to $18.1 billion, investors were clearly spooked by management's cautious outlook.
What appears to have unnerved investors today were warnings by CEO Amanda Bardwell that surging petrol prices are increasing supply chain costs and eroding consumer confidence.
It’s understood that rising fuel costs linked to Middle East tensions will result in full-year Australian food EBIT rising in the mid to high single-digit range and no longer at the top end.
Commenting on today’s update, Bardwell told the market that it’s too early to predict the direct and indirect impacts on FY27 from the conflict in the Middle East and how this will impact customer shopping behaviours.
However, ongoing conflict in the Middle East is expected to have an increasing "inflationary impact" on the business later in the year.
Meanwhile, the company is freezing prices on 300 items to remain competitive, which is expected to weigh on profit margins.
“This reflects incremental costs associated with direct fuel exposures in Q4 as well as investments to support customers in managing their budgets in a period of rising inflation, including the price freeze announced today,” she said.
Key numbers announced today include:
- Group sales rose 4.5% in the March quarter to $18.1 billion.
- Australian food up 5.9% and 7.3% excluding tobacco.
- eCommerce sales up 20.2% to $2.7 billion.
- NZ Food sales down 5.2%.
- W Living division, comprising BIG W and Petstock, were up 4.8% year on year.
The Group will provide a further update at its FY26 full-year results in August.
Woolworths has a market cap of $42.8 billion; the share price is up 19% yea4 to date and down 8% in the last week.
The stock appears to be in a long-term uptrend confirmed by multiple indicators.
Consensus is Hold.
Mineral Resources rallies on upgraded guidance
Shares in Mineral Resources (ASX: MIN) were trading around 5.9% higher after the diversified resources large-cap upgraded its full-year production guidance on the back of improved operating momentum.
The market responded favourably to today’s updates, which defy tropical cyclones disrupting shipments, with infrastructure undamaged and output returning quickly to capacity.
Underpinning today’s update were:
- The lift in Onslow iron guidance to 17.7 to 19.4 million wet metric tonnes.
- An increase in expected mining services volume to 320 to 330 million tonnes.
- Increased spodumene output forecasts at both Wodgina and Mt Marion after stronger quarterly production and pricing.
- Wodgina to produce 270k dmt to 290k dmt of spodumene concentrate.
- Mt Marion to deliver 210k dmt to 230k dmt.
While the miner has not experienced any disruption to fuel supply, with diesel sourced under contract from a domestic supplier, management expects mining services margins to remain insulated as fuel costs are passed through to clients.
However, management did flag that higher diesel costs linked to the Iran war are expected to impact the June quarter margins.
It’s understood that diesel prices have doubled since March amid geopolitical tensions in the Middle East, with the impact set to flow through from April due to pricing lags.
The company expects fuel costs to lift June quarter free-on-board costs by about $4 per tonne at Onslow iron, $7 per tonne at Pilbara hub and $60 per tonne across its lithium operations, although full-year cost guidance remains unchanged.
The stock is up around 22% in 2026 and has rocketed by more than 220% over the past 12 months.
Mineral Resources has a market cap of $12.9 billion; the share price is up 218% in one year and up 20% year to date.
The stock appears to be in a long-term uptrend, confirmed by multiple indicators.
Regis Healthcare rallies on market update
Shares in Regis Healthcare (ASX: REG) were up 1.9% after the aged-care provider told the market to expect full-year underlying earnings to be about $135 million, at the top end of guidance due to high occupancy and strong resident funding inflows.
Commenting on today’s update, management told the market that ongoing momentum was supported by targeted sales initiatives and a tightening market for available beds.
The company's recent acquisitions, including Rockpool and OC Health, and room pricing adjustments also helped drive RAD inflows.
Investor today also responded favourably to revelation that a structured cost-savings program is focussed on streamlining management, improving operational efficiency, and adopting data analytics and AI tools to optimise workforce planning and automate processes.
Regis is also actively recycling capital, through both acquisitions and divestments, to strengthen its portfolio's quality and earnings profile.
“The release of the Accommodation Pricing Review and the Government's initial funding response represent an important step toward improving the long-term sustainability of residential aged care,” said CEO Linda Mellors.
“While further detail and consultation will be important, the direction of reform is positive and aligns with the sector's need for a more sustainable funding and capital framework.”
Key numbers announced today include:
- FY26 underlying EBITDA expected to be approximately $135 million
- Average Q3 FY26 occupancy in mature homes reached 95.9%, up on the prior period
- Net refundable accommodation deposit (RAD) inflows of $223 million year to date (March FY26)
- Total paid-up RAD balance at $2.3 billion as at 31 March 2026
- One-off profit before tax of $25 million from divestment of two homes in Far North Queensland
Regis Healthcare has a market cap of $2 billion; the share price is up 7% in one month.
The stock’s shares appear to be in a near-term rally within a longer-term bearish trend.
Consensus is Moderate Buy.
This article does not constitute financial or product advice. You should consider independent advice before making financial decisions.
