Coles Group Ltd Reports 2026 Half Year Results
Key points
- Strong Supermarkets EBIT growth of 14.6% with continued sales momentum
- Supermarkets eCommerce sales growth of 27%
- Automation programs and operational efficiencies delivering tangible benefits
Full summary
Coles Group Limited has reported its 2026 Half Year Results, highlighting strong performance across its Supermarkets business. Supermarkets delivered 14.6% EBIT growth, supported by adjusted sales growth excluding tobacco of 6.1% and EBIT margin expansion. This was driven by continued sales momentum, operating efficiencies, and the absence of major project implementation, dual running and transition costs. The company's eCommerce business also saw significant growth, with Supermarkets eCommerce sales increasing by 27%. Coles continued to invest in automation programs and operational efficiencies, which delivered tangible benefits during the period. The Liquor business faced a subdued and competitive market, with earnings impacted by one-off costs related to the 'Simply Liquorland' conversions. The company's convenience portfolio, excluding Liquorland Warehouse stores, delivered positive sales growth. Coles remains focused on its strategic priorities, including being a destination for food and drink, accelerating its digital transformation, and delivering consistent performance for the future. The company has also continued to support its team members, suppliers, communities, and the environment.
Guidance
Coles Group Ltd has not provided any high-importance, price-sensitive forward-looking financial metrics in the announcement.
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