Coles Group Ltd

COL: XASX (AUS)
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Coles Earnings: Solid Expansion in Profit Margins Unlikely to Repeat

Coles' underlying net profit after tax increased 14% to AUD 1.3 billion in fiscal 2026. Profit margin expansion was driven by 3% higher sales revenue and a positive mix shift toward higher-margin supermarket sales. Operating efficiency gains offset wage inflation and underperformance in liquor.

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