Coles Bull Sees Potential for FY 2026 Beat -- Market Talk

Dow Jones

May 01, 2025

0137 GMT - Coles remains the preferred Australian supermarket pick of Citi analyst Adrian Lemme, who sees potential for it to beat market expectations for fiscal 2026. Lemme writes in a note that Coles' new distribution and fulfillment centers could deliver benefits, including by drawing new customers in areas where Coles is relatively poorly represented by store numbers. He also takes encouragement from Coles' strategy of simplifying its multiple liquor-store brands, which he thinks should help improve brand awareness and value perception among consumers. Citi has a last-published buy rating and A$21.00 target price on the stock, which is up 0.6% at A$21.34. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

April 30, 2025 21:37 ET (01:37 GMT)

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Lemme writes in a note that Coles' new distribution and fulfillment centers could deliver benefits, including by drawing new customers in areas where Coles is relatively poorly represented by store numbers. He also takes encouragement from Coles' strategy of simplifying its multiple liquor-store brands, which he thinks should help improve brand awareness and value perception among consumers. Citi has a last-published buy rating and A$21.00 target price on the stock, which is up 0.6% at A$21.34. (stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 30, 2025 21:37 ET (01:37 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coles Bull Sees Potential for FY 2026 Beat -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nColes Bull Sees Potential for FY 2026 Beat -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-01 09:37</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0137 GMT - Coles remains the preferred Australian supermarket pick of Citi analyst Adrian Lemme, who sees potential for it to beat market expectations for fiscal 2026. Lemme writes in a note that Coles' new distribution and fulfillment centers could deliver benefits, including by drawing new customers in areas where Coles is relatively poorly represented by store numbers. He also takes encouragement from Coles' strategy of simplifying its multiple liquor-store brands, which he thinks should help improve brand awareness and value perception among consumers. Citi has a last-published buy rating and A$21.00 target price on the stock, which is up 0.6% at A$21.34. (stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 30, 2025 21:37 ET (01:37 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7082","symbol_name":"大卖场与超市","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2532178090","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2532178090","pubTimestamp":1746063420,"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":"0137 GMT - Coles remains the preferred Australian supermarket pick of Citi analyst Adrian Lemme, who sees potential for it to beat market expectations for fiscal 2026. 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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7082":"大卖场与超市","COL.AU":"COLES GROUP LTD","BK7040":"食品零售","BK7501":"新冠治疗股"},"translate_title":"Coles Bull看到2026财年的潜力——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"COL.AU":0.9},"content_text":"0137 GMT - Coles remains the preferred Australian supermarket pick of Citi analyst Adrian Lemme, who sees potential for it to beat market expectations for fiscal 2026. Lemme writes in a note that Coles' new distribution and fulfillment centers could deliver benefits, including by drawing new customers in areas where Coles is relatively poorly represented by store numbers. He also takes encouragement from Coles' strategy of simplifying its multiple liquor-store brands, which he thinks should help improve brand awareness and value perception among consumers. Citi has a last-published buy rating and A$21.00 target price on the stock, which is up 0.6% at A$21.34. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 30, 2025 21:37 ET (01:37 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":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}