Coles has got a theft problem | KFC's owner sees costs zingin' | Biggest US IPO in 2023 is planned

The share price of Coles’ had its biggest single-day loss since March 2020 after its full year profit dropped faster than a carton of eggs in a crowded supermarket. Collins Foods, owner of 40% of Australia’s KFC outlets, has had a winning year, but the big question is, will they keep their momentum with cost of living pressures rising? Arm, the chip designer in 99% of smartphones, is planning to IPO in the US and this could become one of Softbank’s major winners. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance —- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.