2026 Third Quarter Sales Results
| Stock | Coles Group Ltd (COL.ASX) |
|---|---|
| Release Time | 1 May 2026, 8:27 a.m. |
| Price Sensitive | Yes |
Coles Group Ltd reports 3Q26 sales results
- Above market growth in Supermarkets with 3.6% comparable sales growth
- Strong volume-led Supermarkets sales growth excluding tobacco of 5.7%
- eCommerce sales growth of 24.8% with penetration increasing to 13.6%
Coles Group Limited has reported its 2026 Third Quarter Sales Results, with the company delivering another strong sales performance. Supermarkets sales revenue increased by 4.0% to $9.781 billion, with comparable sales growth of 3.6%. Excluding tobacco, Supermarkets sales revenue grew by 5.7%, driven by strong volume growth underpinned by Coles' continued focus on value, including an expanded everyday value range and targeted weekly promotional activity, alongside strong customer engagement in various campaigns. eCommerce sales revenue increased by 24.8% with penetration increasing to 13.6%, reflecting continued momentum across all fulfilment channels. In the Liquor segment, sales revenue declined by 3.9% to $781 million, with comparable sales decreasing 4.3%, as the market remained highly competitive and soft trading conditions persisted, particularly in March. The company's Other revenue of $141 million was recorded in the third quarter, relating to the Product Supply Agreement with Viva Energy Group Ltd. Looking ahead, Coles expects Supermarkets sales revenue growth in the early part of the fourth quarter to remain broadly in line with the third quarter, while Liquor sales continue to be impacted by the step down in consumer sentiment observed in March.
Coles expects flow on impacts to Liquor earnings in the second half reflecting reduced fixed cost fractionalisation due to the step down in consumer sentiment observed in March.
Coles remains focused on continuing to provide customers with a compelling value proposition that supports their everyday needs, while actively managing increased supplier cost price increase requests and higher costs within its own operations, particularly in fuel, freight and packaging.