Woolworths posts $1.14bn profit in cost-of-living crisis - but CEO says it’s not thanks to rising shelf prices

AI Summary

CEO claims more customers buying more led to $175m surge in net profit as Ooshies craze boosts sales Woolworths has reported a $175m surge in net profit to $1.14bn, with profit margins rising and the Ooshies toys promotion boosting sales. Newsiline summarises this report from The Guardian Australia and links readers to the original publisher for the full story.

Key Points

• Original report published by The Guardian Australia.
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• Readers are directed to the publisher for the complete article.

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