{
  "id": 3168169,
  "title": "Why is Coles stock rising today?",
  "url": "https://urgent.news/2026/08/25/why-is-coles-stock-rising-today",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-25T02:26:03.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/why-is-coles-stock-rising-today-93CH-4874425"
  },
  "original_language": "en",
  "account": "Coles stock experienced a 2.5% increase, reaching A$23.20 on Tuesday, following the Australian supermarket chain's release of mostly positive FY2026 full-year results. The company reported an underlying net profit after tax of A$1.26 billion, marking a 13.7% increase compared to the previous year and surpassing analyst expectations. Additionally, Coles' group EBIT excluding significant items rose by 9.9% to A$2.322 billion, while total sales revenue grew by 2.8% to A$45.6 billion. The supermarkets division was identified as the primary driver of growth, with its EBIT margin expanding by 43 basis points to 5.7%.\n\nOne notable aspect of the results was the impressive performance of Coles' eCommerce, which saw a substantial 26.4% increase in online sales to A$5.6 billion, achieving a 13.6% penetration rate. This surge in eCommerce sales highlighted the positive impact of years of investment in automated distribution infrastructure. In response to shareholders' backing of the long-term automation strategy, Coles announced a full-year dividend of 78 cents per share, representing a 13% increase from the previous year.\n\nColes' strong performance contributed to a 0.5% rise in the ASX 200 index, further solidifying its position in the market. The positive report was released just a day before rival Woolworths, allowing Coles to capitalize on the favorable market sentiment.",
  "summary": null,
  "key_points": [
    "Coles stock rose 2.5% to A$23.20 following positive FY2026 results",
    "Underlying net profit increased 13.7% to A$1.26 billion",
    "eCommerce sales grew 26.4%, accounting for 13.6% of total sales"
  ],
  "editors_take": "Coles' strong financial performance and increased dividend payout solidify its market position and may give it an edge over rival Woolworths ahead of its own results announcement.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}