Supermarket Price Gouging has been a major topic in the lead up to the 2025 Australian Federal Election.
Price gouging is a term for the practice of increasing the prices of goods, services, or commodities to a level much … Read the rest
Coles Return on Equity in 2023 was 31.2%
This is a reduction from the 33.2% in 2022.
Coles Net Profit Margin in 2023 was 2.6%, the same as in 2022.
According to www.intelligentinvestor.com.au
Coles Financial Reports can be seen at: https://www.colesgroup.com.au/investors/?page=reports
From the reports in the news, Woolworths have reported $1.62bn in profits, while Coles reported $1.1bn, for the last year.
Woolworths net profit increased 4.6% to $1.62bn for the full financial year, while overall sales hit $64.29bn.
That’s 2.5 cents in profits for every dollar in … Read the rest
In 2016 (2-3 years ago) Woolworths were selling Hot Roast Chickens for $11 each. They are now ONLY $1 cheaper, at $10 each.
Why this post? Because others are complaining that Roast Chicken discounting is coming to an end, and a Hot … Read the rest
Woolworths increased its share of the Australian Grocery market by 0.8% in 2017 to hold a 32.2% share. ALDI also increased by the same 0.8%, whilst Coles only increased by 0.1%. IGA lost 1.1% and the other supermarkets gained 0.2%. Non Supermarkets … Read the rest
