Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Australia
  4. Australian Stock Exchange
  5. Coles Group Limited
  6. News
  7. Summary
    COL   AU0000030678

COLES GROUP LIMITED

(COL)
  Report
End-of-day quote. End-of-day quote Australian Stock Exchange - 10/19
17.81 AUD   +0.56%
10/04FIJI KAVA : Posts Record Revenue Growth in Fiscal Q1
MT
09/03Australia's bumper earnings get Delta reality check
RE
09/03WELLNEX LIFE : to Sell New Supplement Brands at Coles
MT
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Coles : Australia's Coles posts profit jump, warns of pandemic 'volatility'

08/17/2021 | 08:36pm EDT
FILE PHOTO: A woman walks in the fruit and vegetables section at a Coles supermarket (main Wesfarmers brand) in Sydney

(Reuters) - Australia's No. 2 supermarket chain Coles Group on Wednesday reported a near 3% rise in full-year profit, but said conditions early in the first quarter remained volatile amid lockdowns fuelled by COVID-19 Delta variant outbreaks.

In supermarkets, sales growth in the first seven weeks of the quarter was about 1% higher than last year on a headline basis and 12% above fiscal 2019, Coles said.

Supermarkets like Coles and Woolworths benefited during last year's lockdowns as customers went into a buying frenzy. With Australia reinstating restrictions to battle a resurgence in cases, investors are closely watching how the sector will fare this year.

The grocery chain posted profit after tax of A$1.01 billion ($725.60 million), compared with A$978 million a year earlier.

Coles declared a final dividend of 28 Australian cents per share, up from the 27.5 Australian cents a share declared a year earlier.

It expects to report gross operating capital expenditure of up to A$1.4 billion for fiscal year 2022.

The more than 100-year-old firm said sales for the year was A$38.6 billion, up from A$37.41 billion last year and in line with Refinitiv IBES estimates.

($1 = 1.3782 Australian dollars)

(Reporting by Soumyajit Saha in Bengaluru; Editing by Devika Syamnath)


© Reuters 2021
All news about COLES GROUP LIMITED
10/04FIJI KAVA : Posts Record Revenue Growth in Fiscal Q1
MT
09/03Australia's bumper earnings get Delta reality check
RE
09/03WELLNEX LIFE : to Sell New Supplement Brands at Coles
MT
09/02Australia's bumper earnings get Delta reality check
RE
08/26Australia's Online Retail Sales Growth Slows in July as Victoria Lags, NAB Says
MT
08/25Australia's Woolworths announces $1.5 bln buyback as annual profit jumps
RE
08/17COLES : Australia's Coles posts profit jump, warns of pandemic 'volatility'
RE
08/17Coles Group Limited Declares Fully-Franked Final Dividend, Payable on 28 September 2021
CI
08/17Coles Group Limited Reports Group Earnings Results for the Year Ended June 27, 2021
CI
08/17Coles Annual Profit Rises 2.8% --Update
DJ
More news
Analyst Recommendations on COLES GROUP LIMITED
More recommendations
Financials
Sales 2022 39 621 M 29 668 M 29 668 M
Net income 2022 1 011 M 757 M 757 M
Net Debt 2022 9 357 M 7 006 M 7 006 M
P/E ratio 2022 23,4x
Yield 2022 3,52%
Capitalization 23 757 M 17 762 M 17 790 M
EV / Sales 2022 0,84x
EV / Sales 2023 0,82x
Nbr of Employees 120 000
Free-Float 94,8%
Chart COLES GROUP LIMITED
Duration : Period :
Coles Group Limited Technical Analysis Chart | COL | AU0000030678 | MarketScreener
Technical analysis trends COLES GROUP LIMITED
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 12
Last Close Price 17,81 AUD
Average target price 17,81 AUD
Spread / Average Target -0,00%
EPS Revisions
Managers and Directors
Steven Cain Chief Executive Officer, Director & MD
Leah Weckert Chief Financial Officer
James Philip Graham Chairman
John Cox Chief Technology Officer
Matthew Swindells Chief Operating Officer
Sector and Competitors
1st jan.Capi. (M$)
COLES GROUP LIMITED-1.82%17 762
AVENUE SUPERMARTS LIMITED77.23%42 116
SEVEN & I HOLDINGS CO., LTD.30.17%37 095
SM INVESTMENTS CORPORATION-3.91%22 948
CARREFOUR6.91%13 928
ALBERTSONS COMPANIES, INC.60.98%13 767