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

The Guardian

BusinessThe Guardian·Aug 26, 2026·1 min read

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

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…

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