Coles in Podcasts
companyAustralian supermarket chain and competitor of Woolworths, operating grocery stores across Australia.
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Mentions in Podcasts
Woodside closed down 2.7%, while Telstra, Woolies and Coles all underperformed.
had results from supermarket giant Coles today, its third quarter results.
We have had some fascinating updates from the two big supermarket giants, Woolies and Coles, and they're kind of echoing each other, aren't they?
Coles, its rival, is also down around 3.6% today, probably because, you know, they're set to report results tomorrow.
And in fact, it is worth noting that Woolies and Coles have said that they are rising the price of home brand milk in their stores because of the many inflationary pressures on the dairy supply chain, including packaging.
Woolies rivals court case recently with the ACCC Coles over the alleged fake discounting.
The Coles case decision is reserved as they wait for this week's Woolies case.
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