Coles Group (ASX:COL) has delivered a robust set of financial results for the first half of the 2026 financial year, underpinned by significant growth in its core supermarket operations and an accelerating digital presence.
For the 27 weeks ended Jan. 4, the retailer reported group sales revenue of $23.6 billion, representing a 2.5% increase on the prior corresponding period.
Profitability metrics showed strong momentum, with group EBIT rising 10.2% to $1.23 billion (excluding significant items).
Net profit after tax on a reported basis stood at $511 million, a decrease of 11.3%; however, when stripping out one-off costs, the underlying NPAT grew by 12.5% to $676 million.
The "significant items" primarily relate to a $235 million provision following a Federal Court judgment regarding Fair Work Ombudsman proceedings.
The Supermarkets division was the primary engine of growth, with adjusted sales revenue (excluding tobacco) increasing by 6.1% and EBIT climbing 14.6%.
A standout performer was the eCommerce segment, which saw sales rise by 27% as customer engagement with digital platforms continues to accelerate.
Management attributed the gains to a rigorous focus on value, the successful rollout of automation programs, and operational efficiencies.
The company reported improved customer satisfaction across all key metrics, including price, quality, and store availability.
The board declared a fully franked interim dividend of 41 cents per share.
The group also confirmed the completion of its Liquorland banner simplification conversions.