Coles reports a 3% decline in profits, benefiting from a $120 million increase in sales due to strikes at Woolworths.
Coles profit drops 3 per cent, receives $120m sales boost from Woolworths strikes
March 7, 2025
0 Comments
One thought on “Coles profit drops 3 per cent, receives $120m sales boost from Woolworths strikes”
Leave a Reply
Explore More
Australia are the U-20 Asian Cup Winners!!!
Australia is the U-20 Asian Cup Champion!!! They truly earned this victory. With a bit more luck and better finishing, they could have secured a 3-0 win before it went
For small Australian food brands, Coles’ move to ‘simplify’ its range could be devastating – and unfair
The recent decision by Coles to ‘simplify’ its product range may have severe and unjust implications for small Australian food brands.
[no-politics] Random Discussion Thread 20/Mar/2025
[No Politics] Random Chat Thread – March 20, 2025 Welcome to the random chat thread! Feel free to share memes, ask silly questions, and discuss anything non-political. Jump right in!
It’s interesting to see how external factors like the Woolworths strikes can influence the performance of rivals such as Coles. A 3% profit drop might raise some concerns, but the $120 million sales boost is definitely a silver lining. It highlights how competitive dynamics in the grocery sector can shift quickly due to labor issues. It will be interesting to see how both companies adapt moving forward—whether Coles can sustain this increased demand and how Woolworths responds once the strikes are resolved. Do you think this sales boost will have any long-term impact on Coles’ market position?