{
  "id": 3406742,
  "title": "Woolworths posts $1.14bn profit in cost-of-living crisis - but CEO says it’s not thanks to rising shelf prices",
  "url": "https://urgent.news/2026/08/26/woolworths-posts-1-14bn-profit-in-cost-of-living-crisis-but-ceo-says",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-26T02:16:10.000Z",
  "source": {
    "name": "The Guardian Australia",
    "slug": "the-guardian-australia",
    "url": "https://www.theguardian.com/business/2026/aug/26/woolworths-profit-ooshies-collectables"
  },
  "original_language": "en",
  "account": null,
  "summary": "CEO claims more customers buying more led to $175m surge in net profit as Ooshies craze boosts sales Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast Woolworths has reported a $175m surge in net profit to $1.14bn, with profit margins rising and the Ooshies toys promotion boosting sales. The company’s market value surged $2bn and…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "RNZ Business",
        "title": "'Wrong' for Woolworths to bank big profit, Consumer NZ says",
        "url": "https://urgent.news/2026/08/26/wrong-for-woolworths-to-bank-big-profit-consumer-nz-says",
        "published": "2026-08-26T04:50:50.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}