Inside Retail
AUGUST 25, 2021
Woolworths has announced a $2 billion share buyback following the demerger of its drinks business Endeavour Group and a strong year at the supermarket checkouts. per cent lift in net profit to $2.07 Physical supermarket sales increased by 2.0 Online penetration for supermarkets is quite interesting – 8.5
Inside Retail
AUGUST 24, 2022
The business unveiled its FY22 performance on Wednesday morning, and said sales and earnings remained flat on a year prior and net profit edged 4.3 per cent higher to $1.04 The deal will now cost Coles around $1.04 billion, up from the previous estimate of $950 million.
Inside Retail
AUGUST 24, 2022
Despite group net profit hitting $1.5 Countdown is also under pressure from the local competition regulator, the Commerce Commission, for operating as a “duopoly” with local supermarket group Foodstuffs. billion in FY22 , Woolworths conceded this week that the result landed below its aspirations for the year. .
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