Comments by "John Woodrow" (@johnwoodrow8769) on "Supermarkets’ FY24 earnings to show changing shopping behaviours amid cost of living crisis" video.

  1. All these videos and comments demonstrate is the complete lack of financial literacy of the general population. Any level of profit can only be assessed against the size of the capital investment used to generate that return. A profit figure on its own is essentially meaningless, other than being better than recording a loss.
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  2. How much profit in a day should they make on an investment of $18.2 Billion?
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  3.  @brettleonard8602  TOTALLY irrelevant how long it took Coles or Woolworths to build their asset base. How much money do you have in the bank, super, or invested. You want a return on the total of that investment. How long it took you to build up those account balances is TOTALLY irrelevant.
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