2027 First Quarter Sales Results

• Supermarkets sales grew 3.6% with eCommerce sales up 22.9%
• Liquor sales declined 1.3% but convenience portfolio showed improvement
• Flybuys swipe rates and points redemptions increased significantly

Coles Group Limited reported its first quarter sales results for 2027, showing a 3.6% increase in Supermarkets sales revenue to $10.3 billion, driven by strong eCommerce growth of 22.9% and a 15.7% penetration rate. Exclusive to Coles sales grew 4.3%, with Coles Finest sales up 13.3%. Liquor sales declined 1.3% but showed positive trends in convenience formats. Flybuys swipe rates increased by 110 basis points and points redemptions rose 16%. The company also noted heightened competitive activity and cost-of-living pressures affecting customer behavior.

First half Supermarkets EBIT expected to be in line with prior corresponding period

Cost-of-living pressures and elevated competitor promotional activity continue to influence customer behavior. Coles plans to enhance its customer proposition through targeted investments in value and improving the customer experience.