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ASX: COLColes Group LimitedConsumer Staples

Coles Q1 Sales Up 2.2%, Sees 1H Supermarkets EBIT Flat

Coles reported 1Q27 Group sales revenue of $11,209 million, up 2.2%, and now expects first half Supermarkets EBIT in line with the prior corresponding period.

By Digifin Pty Ltd · About this coverage

Key Points

  • Total Group sales revenue of $11,209 million, up 2.2%
  • Supermarkets comparable sales growth of 2.7% against 4.6% in 1Q26
  • Supermarkets eCommerce sales up 22.9% with penetration of 15.7%
  • Liquor sales revenue down 1.3% to $831 million
  • First half Supermarkets EBIT now expected to be in line with the prior corresponding period
Coles Group Limited (ASX:COL)

About Coles (ASX:COL)

Coles Group Limited is an ASX-listed retailer headquartered in Melbourne. It runs the Coles supermarket chain, one of the two largest grocery networks in Australia, alongside a national liquor retailing business trading principally under the Liquorland and First Choice Liquor Market banners. It also sells groceries online for home delivery and click and collect, and supplies its stores through its own network of distribution centres.

Coles (ASX:COL) released its first quarter sales results with an updated outlook, saying it now expects first half Supermarkets EBIT to be in line with the prior corresponding period as it invests in value and incurs additional fuel-related costs.

Total Group sales revenue for the 13 weeks from 29 June to 27 September 2026 was $11,209 million, up 2.2%. Supermarkets sales revenue rose 3.6% to $10,320 million, with comparable sales growth of 2.7% against 4.6% in 1Q26. Supermarkets eCommerce sales increased 22.9% to $1,623 million and penetration reached 15.7%. Supermarkets inflation was 1.1%, or 1.0% excluding tobacco. Liquor sales revenue fell 1.3% to $831 million. Other segment revenue of $58 million related to the Product Supply Agreement with Viva Energy Group Ltd, which nears its expiry in November 2026. Coles says cost-of-living pressures and elevated competitor promotional activity continued in the first four weeks of the second quarter, with Supermarkets sales growth moderating compared to Q1 and the Liquor sales revenue decline broadly in line with Q1. Eight new supermarkets were opened during the quarter.

The outlook excludes significant items. The release does not state the previous first half expectation, does not quantify the additional fuel-related costs, and gives no second quarter sales figures.

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Source: Coles Group Limited (ASX:COL), 30 October 2026. Summary content supplied by Digifin Pty Ltd.

News summary only, not financial advice. It does not consider your objectives, financial situation or needs.

Friday, 30 October 2026

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