Overview

Higher food prices and a fall in the number of people dining out will help deliver a $125 million boost to profits at Woolworths and Coles in the next financial year, and their move towards cheaper own-brand products will also lift the bottom line.

That’s according to analysts at UBS, who have raised their profit expectations at the two retailers for this year and the next.

Source: https://www.afr.com/companies/retail/war-and-inflation-point-to-125m-profit-boost-for-woolworths-coles-20260420-p5zpdu