Prices coming down but Coles chief plays down billion dollar profit episode artwork

EPISODE · Aug 27, 2024 · 3 MIN

Prices coming down but Coles chief plays down billion dollar profit

from Peter Ryan_ABC News Soundcloud · host Peter Ryan

Coles chief executive Leah Weckert has played down a $1.1 billion full year profit as the supermarket giant balances returns to shareholders with customers hurting from the high cost of living. In response to political and consumer heat over alleged price gouging, Ms Weckert says the Coles profit has remained modest despite a painful period of high inflation. Reporter: Peter Ryan, Senior Business Correspondent Featured: Leah Weckert, Coles chief executive

Episode metadata supplied by the publisher feed · Published Aug 27, 2024

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Prices coming down but Coles chief plays down billion dollar profit

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