'All attention' on Woolworths ahead of financial results

All attention is going to be on Woolworths to make sure they have been able to turn those toilet paper and hand sanitiser sales into profits ahead of their full-year financial results, The Motley Fool’s Scott Phillips says. “They’ve already said that sales are up, but they also talk about the costs being up,” Mr Phillips told Sky News. “The extra costs aren’t unreasonable of course, more staff and equipment. “But that is the real question for retailers, yes you get the extra volume through the door but can you turn that into extra profits?” Last week fellow supermarket giant Coles announced a profit of just over seven per cent.