Coles Group Ltd
COL: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$93.60 | Pqbm | Lcqjphdp |
Australian Retailing: Aussies Feeding Their Lifestyles Hand to Mouth
The upcoming August 2024 reporting season will draw the line under a difficult year for Australian retailers in which they navigated soft demand and soaring labor costs. The combination results in a profit margin crunch and declining earnings for many retailers.