2026 Half Year Results Release

Open PDF
Stock Coles Group Ltd (COL.ASX)
Release Time 27 Feb 2026, 8:39 a.m.
Price Sensitive Yes
 Coles Group Reports Strong H1 2026 Results
Key Points
  • Supermarkets sales and EBIT growth driven by focus on value and execution
  • Supermarkets eCommerce sales up 27%, with digital engagement accelerating
  • Automation and operational efficiencies delivering tangible benefits
  • Customer satisfaction scores improved across key metrics
Full Summary

Coles Group Limited has reported a strong set of results for the 2026 half year, with Group sales revenue increasing by 2.5% to $23,618 million and Group EBIT (excluding significant items) growing by 10.2% to $1,231 million. The momentum in the business has enabled Coles to continue offering a compelling value proposition to customers, particularly over the festive season, while also achieving further improvements in availability and customer experience metrics. The company's focus on executing its strategic priorities and the successful delivery of its major Automated Distribution Centre (ADC) and Customer Fulfilment Centre (CFC) transformation investments have delivered benefits for both customers and shareholders. Supermarkets sales revenue grew by 3.6% (6.1% adjusted for competitor industrial action and excluding tobacco), underpinned by strong value offerings, expanded everyday value product ranges, and the launch of over 500 new Exclusive to Coles products. Supermarkets eCommerce sales grew by 27.0%, with the expansion of the CFC network and Uber Eats partnership driving this growth. Liquor sales revenue declined by 3.2% (2.9% adjusted) due to a subdued market and increased competitive intensity, though the company's convenience portfolio and 'Simply Liquorland' banner conversions performed well. The company's Simplify and Save to Invest program delivered $133 million in benefits, helping to offset cost inflation pressures.

Guidance

Coles Group has not provided any high-importance, price-sensitive forward-looking financial metrics in this announcement.

Outlook

Coles Group is well positioned, with a strong balance sheet and cash flow generation, to continue investing in areas that will strengthen and expand its core customer proposition and deliver value for shareholders. The company is focused on executing its strategic priorities and delivering the benefits of its major transformation investments.