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The supermarket giant’s chief executive says it has not profited by lifting shelf prices
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Australia news — Miles Herbert
Woolworths has reported a $175m surge in net profit to $1.14bn , but the supermarket giant’s chief executive, Amanda Bardwell, said it had not done so by lifting shelf prices.
The supermarket duopoly, Woolworths and Coles, has previously faced criticism for fattening profit margins during periods of high living costs at the expense of higher prices for shoppers.
Woolworths pointed to the drop to “ongoing cost-of-living pressures on households” and the ever popular Ooshies campaign as the reason shoppers continued to choose the supermarket giant.
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The supermarket duopoly, Woolworths and Coles, has previously faced criticism for fattening profit margins during periods of high living costs at the expense of higher prices for shoppers.
This report is published with credit to theguardian.com. Full available text from the wire is above. Read on theguardian.com →
Source: theguardian.com · Miles Herbert. Published 26 Aug 2026, 06:54 am.
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