Coles Group Ltd

COL: XASX (AUS)

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Coles: Supermarkets Business Is Now Underperforming Woolworths, Its Largest Competitor

Johannes Faul

May 1, 2026

Coles' core supermarket business delivered fiscal third-quarter sales growth of 4%, supported by promotional activity and a brief spike in pantry demand as consumers worried about potential shortages due to the Middle East conflict. This lagged the 6% growth of Woolworths' supermarkets.

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Coles Group Ltd

Coles: Supermarkets Business Is Now Underperforming Woolworths, Its Largest Competitor

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