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Coles Group Limited (ASX:COL)

ALERT: Price-sensitive ASX Announcement for COL
Current share price for COL : $24.010 1.82 (8.20%)+
Announcement
Release
27 Feb 2026 8:48AM
Price at Release
$22.190
Full Release
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Summary
The Coles Group Limited 2026 Half Year Results Presentation highlighted significant financial achievements and strategic initiatives. The company reported a 14.6% increase in Supermarkets EBIT, driven by strong sales momentum and a 27% growth in eCommerce sales. Coles declared a fully franked interim dividend of 41 cents per share, with group sales revenue reaching $23.6 billion. Excluding significant items, the reported Group EBIT was $1,231 million, while $235 million in significant items were accounted for due to a Federal Court ruling. Strategic partnerships, such as the expansion with Uber Eats and the rollout of ChatGPT Enterprise with OpenAI, were pivotal. The Liquorland banner simplification conversions were successfully completed, and operational efficiencies along with automation programs contributed to these outcomes.
Key Points
  • Coles Group Limited reported a 14.6% growth in Supermarkets EBIT with strong sales momentum.
  • Supermarkets eCommerce sales grew by 27%.
  • Coles declared a fully franked interim dividend of 41 cents per share.
  • Group sales revenue for the first half of 2026 was $23.6 billion.
  • Reported Group EBIT, excluding significant items, was $1,231 million.
  • Significant items of $235 million were recorded due to a Federal Court judgment.
  • Coles has expanded its partnership with Uber Eats.
  • The company achieved the highest rate of monthly DIFOT since December 2020 over the Christmas period.
  • The Liquorland banner simplification conversions were completed.
  • Coles' partnership with OpenAI to roll out ChatGPT Enterprise to team members was highlighted.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.