Coles and Corvid-19

Coles Group – COVID-19 Grocery volumes Skyrocket

Australians have panicked and hoarded groceries. Coles has reported 20-30% grocery volumes above their peak Christmas periods. Hugh Dive from Atlas Funds Man…

Australians have panicked and hoarded groceries. Coles has reported 20-30% grocery volumes above their peak Christmas periods. Hugh Dive from Atlas Funds Management review the impacts to Coles’ profit and looks at whether it’s a buy in this current market.