News Formal

Woolworths and Coles FY24 earnings to show challenging outlook for supermarkets

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 12 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

Woolworths News

Coles,Supermarket Chains

Earnings of Australia's top supermarket chains are likely to show constricted spending presenting a challenging outlook for Woolworths and Coles, as...

Earnings of Australia's top supermarket chains are likely to show constricted spending presenting a challenging outlook for Woolworths and Coles, as consumers deal with painfully high mortgage rates and sticky inflation. Decade-high interest rates and stubborn inflation still running above the central bank's target range has prompted consumers to be mindful of their spending, analysts warned.

Guests at the three-day destination celebration included Westwick's former 'Gossip Girl' costar Kelly Rutherford and model and actress Daisy LoweBradley goes from last in to BMW Championship winner and on to East Lake

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘Super Bowl’ Nvidia earnings stand to test searing AI tradeThe rally in U.S. stocks faces an important test next week
Source: globeandmail - 🏆 5. / 92 Read more »

Market comeback, Disney earnings, Super Micro: 3 ThingsStock futures (^DJI, ^IXIC, ^GSPC) are green this morning as the market averages aim to recover from a wide sell-off at the beginning of the week. Disney...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »