COLES GROUP LTD

For FY2026 Coles reports an adjusted net profit after tax of A$1.26 billion (+13.7%), EBIT before special items of A$2.322 billion (+9.9%) and revenue up to A$45.6 billion (+2.8%). The supermarket division was a key driver of growth: EBIT margin up 43 basis points to 5.7%. Online sales climbed 26.4% to A$5.6 billion (penetration rate 13.6%). Coles increases the full-year dividend to 78 cents per share (+13%) and the stock subsequently rose about 2.5% to A$23.20. » Más en de.investing.com

Coles Group reported an EBIT increase of 9.9% and an NPAT rise of 13.7% for fiscal year 2026, while group revenue grew 2.8% to AUD 45.6 billion. The supermarket segment was the main driver with revenue up 3.7% and EBIT up 12.2%; e‑commerce grew 26.4% to AUD 5.6 billion (penetration 13.6%). The spirits business weakened markedly (revenue −3.3%, EBIT −47.8%) and is to be restructured through store closures and simplifications. Coles raised the full‑year dividend by 13% to AUD 0.78 and plans capex of around AUD 1.55 billion for 2027; the stock reacted slightly positively and traded near its 52‑week high. » Más en de.investing.com

As part of cost‑saving measures, Coles will award certain corporate functions to Accenture in Australia and abroad to reduce costs amid rising competition, particularly from e‑commerce. Affected employees are to be redeployed internally; media report that up to 1,000 roles could be shifted to India. » Más en de.investing.com