Strong Result From Coles Expected to Boost Shares -- Market Talk

Dow Jones

2025/02/27

2343 GMT - E&P retail analyst Phillip Kimber says Aussie grocer Coles posted a better-than-expected 1H result, with earnings 5% and profit 8% above consensus. He expects consensus estimates to rise 5% for the full FY 2025 and to continue to support the share price, which had already risen some 5% leading into the result. Coles shares are up in early trade following the 1H result, with a roughly 4% gain to A$20.51. (mike.cherney@wsj.com; @Mike_Cherney)

(END) Dow Jones Newswires

February 26, 2025 18:43 ET (23:43 GMT)

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Coles shares are up in early trade following the 1H result, with a roughly 4% gain to A$20.51. (mike.cherney@wsj.com; @Mike_Cherney) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 26, 2025 18:43 ET (23:43 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}