Aug 18 (Reuters) - Supermarket chain Coles Group Ltd's (COL) full-year profit declined 32% on Tuesday, as higher costs from measures in response to the coronavirus crisis and a wages scandal overshadowed sales boost from panic-driven stockpiling during the pandemic.
Australia's second largest grocery chain reported net profit of A$978 million ($705.43 million) for the year ended June 30, compared with A$1.43 billion a year earlier, beating analysts' estimates of A$932.7 million, according to IBES data from Refinitiv. ($1 = 1.3864 Australian dollars)
News: COL Australia's Coles annual profit slumps 32%, still beats estimates
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Last
$23.98 |
Change
0.100(0.42%) |
Mkt cap ! $32.19B | |||
| Open | High | Low | Value | Volume |
| $23.77 | $24.06 | $23.67 | $18.97M | 793.5K |
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| No. | Vol. | Price($) |
|---|---|---|
| 27 | 3472 | $23.97 |
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| Price($) | Vol. | No. |
|---|---|---|
| $23.98 | 1293 | 24 |
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| COL (ASX) Chart |