Coles Shares Drop on Weaker Trading Update Than Woolworths -- Market Talk

Dow Jones

02/27

2358 GMT - Shares of Coles fall 6.4% to A$20.76 after the supermarket operator's trading update in 2H so far looks weaker than that of chief rival Woolworths. Coles says its supermarket sales rose 5.3% in the first seven weeks of 2H when tobacco is excluded. That's below the 5.8% growth reported by Woolworths for its food business in Australia. Jarden analyst Ben Gilbert says modest cuts to FY 2026 expectations are likely. "That said, early January was likely impacted by cycling of Woolworths strike benefits," Jarden says. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

February 26, 2026 18:58 ET (23:58 GMT)

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Coles says its supermarket sales rose 5.3% in the first seven weeks of 2H when tobacco is excluded. That's below the 5.8% growth reported by Woolworths for its food business in Australia. Jarden analyst Ben Gilbert says modest cuts to FY 2026 expectations are likely. \"That said, early January was likely impacted by cycling of Woolworths strike benefits,\" Jarden says. 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Coles says its supermarket sales rose 5.3% in the first seven weeks of 2H when tobacco is excluded. That's below the 5.8% growth reported by Woolworths for its food business in Australia. Jarden analyst Ben Gilbert says modest cuts to FY 2026 expectations are likely. \"That said, early January was likely impacted by cycling of Woolworths strike benefits,\" Jarden says. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 26, 2026 18:58 ET (23:58 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7040","symbol_name":"食品零售","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2614600867","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2614600867","pubTimestamp":1772150280,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2358 GMT - Shares of Coles fall 6.4% to A$20.76 after the supermarket operator's trading update in 2H so far looks weaker than that of chief rival Woolworths. Coles says its supermarket sales rose 5.3% in the first seven weeks of 2H when tobacco is excluded. That's below the 5.8% growth reported by Woolworths for its food business in Australia. Jarden analyst Ben Gilbert says modest cuts to FY 2026 expectations are likely. \"That said, early January was likely impacted by cycling of Woolworths strike benefits,\" Jarden says. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7040":"食品零售","BK7501":"新冠治疗股","COL.AU":"COLES GROUP LTD","BK7082":"大卖场与超市"},"translate_title":"Coles股价因交易更新弱于Woolworths而下跌——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"COL.AU":0.9},"content_text":"2358 GMT - Shares of Coles fall 6.4% to A$20.76 after the supermarket operator's trading update in 2H so far looks weaker than that of chief rival Woolworths. Coles says its supermarket sales rose 5.3% in the first seven weeks of 2H when tobacco is excluded. That's below the 5.8% growth reported by Woolworths for its food business in Australia. Jarden analyst Ben Gilbert says modest cuts to FY 2026 expectations are likely. \"That said, early January was likely impacted by cycling of Woolworths strike benefits,\" Jarden says. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 26, 2026 18:58 ET (23:58 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}