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The latest update is out from Coles Group ( (AU:COL) ).
Coles Group reported a 3.9% increase in total group sales revenue for the first quarter of 2026, driven by a 4.8% growth in supermarket sales. The company attributes this success to its focus on value, quality, and customer experience, as well as its major transformation projects. Despite a slight decline in liquor sales, the simplification of the ‘Simply Liquorland’ banner has positively impacted sales. The company’s efforts in eCommerce have also been fruitful, with penetration reaching 13.3%.
The most recent analyst rating on (AU:COL) stock is a Buy with a A$25.00 price target. To see the full list of analyst forecasts on Coles Group stock, see the AU:COL Stock Forecast page.
More about Coles Group
Coles Group is a leading Australian retailer operating primarily in the supermarket and liquor sectors. The company focuses on providing value, quality, and enhancing customer experience, with a significant presence in the eCommerce space.
Average Trading Volume: 2,692,535
Technical Sentiment Signal: Buy
Current Market Cap: A$31.08B
For detailed information about COL stock, go to TipRanks’ Stock Analysis page.