Grocery Stores News

Endeavour Group slashes assets by $311m as profit tumbles amid major business reset

Endeavour Group reports a 17.4% fall in underlying profit after tax after taking a $311m hit from asset write-downs and restructuring costs.

Seja Al Zaidi

05 Aug 2026 17:37 (AEST)

ASX News Consumer Cyclical Consumer Defensive Grocery Stores Consumer Discretionary

New laws target alleged supermarket price gouging at Coles and Woolworths, though questions remain over how the rules will work.

Seja Al Zaidi

29 Jun 2026 09:09 (AEST)

ASX News Consumer Cyclical Consumer Defensive Grocery Stores

Coles Ltd (ASX:COL) has jumped over +3.25% in early arvo trades on Monday as the company sees inflows on the back of a Buy rating from Australian stockbroker Bell Potter after last week’s earnings miss and sell-off.Listen to the HotCopper podcast for in-depth discussions and insig...

Jonathon Davidson

02 Mar 2026 13:17 (AEDT)

ASX News Consumer Cyclical Consumer Defensive Grocery Stores

Coles Ltd (ASX:COL) has released its earnings report at the tail end of earnings season and the result has been fairly tame given the madness we’ve seen over the last few weeks @ a slight earnings miss resulted in a sell-off from investors who weren’t too pleased. ...

Jonathon Davidson

27 Feb 2026 14:59 (AEDT)

ASX News Consumer Cyclical Consumer Defensive Grocery Stores

Woolworths (ASX:WOW) has jumped +12% in afternoon trades per CBOE live data as investors shrugs off a significant item expense of $485M related to a Federal Court wage ruling, and instead eye Group NPAT (pre-significant items) up +16.4% vs pcp to $859M. Listen to the HotCopper podcast for in-dept...

Jonathon Davidson

25 Feb 2026 14:10 (AEDT)

ASX News Consumer Cyclical Consumer Defensive Grocery Stores

The Australian Competition and Consumer Commission and Coles (ASX:COL) are all set to face off in Federal Court today, after the ACCC alleged the supermarket’s iconic @Down, Down, Prices are Down” promo was misleading and that item prices weren&CloseCurlyQuot...

Isaac McIntyre

16 Feb 2026 09:39 (AEDT)

ASX 200 ASX News Consumer Cyclical Consumer Defensive Grocery Stores

Coles and Woolworths have come out swinging against the government's plan to impose stricter rules to curb "excessive pricing of groceries."

Isaac McIntyre

16 Dec 2025 10:50 (AEDT)

ASX 200 ASX News Consumer Cyclical Consumer Defensive Grocery Stores

Aumake (ASX:AUK) has bagged an exclusive deal with Kabrita, a global goat milk brand, with High-Calcium Adult Goat Milk Powder the first product to launch.CEO Hai Yun Chen and chairman Anthony Noble spoke to HotCopper on the deal.Join the discussion: See what’s trending right now ...

Sean Boss

04 Apr 2025 13:23 (AEDT)

ASX News The Watchlist Consumer Defensive Grocery Stores

The drinks retailer and hotel company posted a 15% fall in profit for the first 6 months of fiscal year 2025

Caroline Smith

28 Feb 2025 09:43 (AEDT)

ASX News Consumer Cyclical Consumer Defensive Grocery Stores

Coles Group Ltd has reported growth in its sales revenues for the first half of fiscal year 2025, particularly in the supermarket division

Caroline Smith

27 Feb 2025 10:02 (AEDT)

ASX News Consumer Cyclical Consumer Defensive Grocery Stores

Coles is well aware Australians are "cross-shopping" - and the staple giant sees better weekly specials and value campaigns as the answer.

Isaac McIntyre

31 Oct 2024 16:25 (AEDT)

ASX 200 ASX News Consumer Cyclical Consumer Defensive Grocery Stores

Woolworths has sounded a warning over its earnings, with the grocery chain expecting profits to drop in 2025 as shoppers bunker down.

Isaac McIntyre

30 Oct 2024 10:21 (AEDT)

ASX 200 ASX News Consumer Cyclical Consumer Defensive Grocery Stores

Supermarket giants Coles and Woolworths have opened their defences against allegations each promoted “misleading” discounts.

Isaac McIntyre

23 Oct 2024 15:46 (AEDT)

ASX News Consumer Cyclical Consumer Defensive Grocery Stores

Grocery Stores News

Endeavour Group slashes assets by $311m as profit tumbles amid major business reset

Coles, Woolworths face price gouging ban, but questions remain over new laws

Coles investors likely pleased to see Bell Potter rate the stock a Buy

Coles down -8% on revenue miss, punished due to it being relatively flat to begin with

Woolworths surges to 17mth high of $35/sh on earnings – just don't ask about tobacco

'Case of the century' starts today with ACCC taking Coles to Federal Cour over 'Down, Down' deals

Coles, Woolies left furious over gov't checks designed to limit 'excessive pricing on groceries'

Aumake secures exclusive deal with global goat milk brand Kabrita

Endeavour profits fall, but hotel sector strong

Coles sales revenues up 3.7% as it announces chairman departure

Coles looks to answer rise in 'cross-shopping' with better weekly specials

Woolworths warns sales will slow as shoppers get 'extremely value-conscious'

Price hike counterpunch: Coles, Woolworths oppose ACCC claims discounts were “illusory”