CompaniesRetailEarnings seasonColes profit surge dulled by $235m to fix staff underpayment scandalAug 25, 2026 – 9.35amColes recorded only marginal profit growth over the last year after setting aside $235 million to address a staff underpayment scandal, taking the shine off a strong rise in earnings and higher supermarket sales, particularly online.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Latest In RetailFetching latest articlesMost Viewed In Companies
Coles profit surge dulled by $235m to fix staff underpayment scandal
The supermarket giant said sales at its supermarkets had briefly moderated after its rival, Woolworths, launched the Ooshies range of collectible toys.
77 words~1 min read
