Coles boss Leah Weckert says shoppers feeling more optimistic but still cutting back on takeaways, treats

Coles boss Leah Weckert noted that while shoppers are feeling optimistic due to interest rate cuts, cost-cutting behaviors persist, with consumers prioritizing value and utilizing loyalty points. Coles reported a 1.8% revenue increase to $44.5 billion, driven by a 4.3% rise in supermarket sales, and announced a final dividend of 32¢ per share despite a 3.5% decline in profit.

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