Coles shares dive as profit result misses expectations

Coles shares dive as profit result misses expectations

Financial results for supermarket giant Coles underperform, with stocks following suite.

Supermarket giant Coles has reported disappointing first-half financial results, leading to an immediate sell-off by investors. Net profit after tax fell 11.3 per cent to $511 million for the six mo… [+4436 chars]
Coles shares dive as profit result misses expectations - FHMnews