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Coles has got a theft problem | KFC's owner sees costs zingin' | Biggest US IPO in 2023 is planned

Coles has got a theft problem | KFC's owner sees costs zingin' | Biggest US IPO in 2023 is planned

What the Flux · Flux

August 22, 20235m 58s

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Show Notes

The share price of Coles’ had its biggest single-day loss since March 2020 after its full year profit dropped faster than a carton of eggs in a crowded supermarket.

Collins Foods, owner of 40% of Australia’s KFC outlets, has had a winning year, but the big question is, will they keep their momentum with cost of living pressures rising?

Arm, the chip designer in 99% of smartphones, is planning to IPO in the US and this could become one of Softbank’s major winners.

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