Markdowns Net Profit Supermarket 
Inside Retail
AUGUST 27, 2024
The supermarket chain’s net profit before significant items slid 0.6 billion while net profit after significant items plummeted 93.3 Big W’s sales remained flat amid markdowns to clear the autumn/winter range. Woolworths Group booked lower earnings despite higher sales in the last fiscal year.
Inside Retail
AUGUST 17, 2021
Coles’ Smarter Selling strategy is paying off for the Australian supermarket giant, with approximately $300 million in extra savings in the bank at the end of FY21. At its full year results announcement on Wednesday morning, Coles revealed that net profit broke the one-billion-dollar mark, rising 2.8 per cent to $1.005 billion.
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