ASX:COL.AX 26 January 2026 - 27 February 2026

Coles Group shares fell 7.3% to A$20.56 after reporting a half-year net profit drop of 11.3% to A$511 million, hit by A$235 million in legal costs. Underlying profit rose 12.5% to A$676 million. The board declared a 41-cent fully franked interim dividend, payable March 30. Coles flagged ongoing competition and legal risks, including an ACCC lawsuit over promotions.

Coles shares closed at A$21.00 Friday, down 0.4% ahead of a holiday-shortened trading week. The ASX will reopen Tuesday after the Australia Day break. The December inflation report is due Wednesday, with Coles’ half-year results set for February 27.