Coles share price slips as earnings loom and ACCC “Down Down” court fight hangs over stock
Coles Group shares fell 0.2% to A$21.82 on Wednesday as the ACCC pressed its case alleging Coles misled shoppers with some “Down Down” promotions. Justice Michael O’Bryan questioned the regulator’s framing; the trial resumes Thursday. Coles reports interim results Friday, with analysts expecting sales near A$23.77 billion and underlying NPAT of A$680–700 million.
