About this episode
Woolworths warns of profit impacts due to inflation, with discussions on pricing and costs.
Woolworths has warned its profit is going to be hurt by surging inflation, sending the share price of the Australian supermarket giant tumbling. And while Woolworths might be promising to lock in the price for 300 items, there’s growing warnings about the rate at which other costs are going to grow, including for plastics packaging. Are the worst fears about this energy crisis starting to play out? Carrington Clarke and ABC Business Reporter Emilia Terzon break it all down on ABC Business Daily. Got a burning business question? Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au
People in this episode
Host: Carrington Clarke
Guest: Emilia Terzon
Topics covered
- inflation
- Woolworths
- energy crisis
- packaging costs
- profit warning
Keywords
- Woolworths
- inflation
- profit warning
- energy crisis
- packaging costs
Mentioned in this episode
Organizations: Woolworths, ABC Business Daily, ABC Australia
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