Coles Bulls Think Sales Likely Slowed Over 3Q -- Market Talk

Dow Jones

Apr 24

0327 GMT - Coles's bulls at UBS think that the Australian supermarket operator's sales growth probably slowed modestly over its fiscal 3Q. The investment bank's analysts forecast 3.5% total supermarket sales growth over the quarter, reasoning that the 3.7% growth seen in the first seven weeks of the period slowed to 3.3% over the remainder. They tell clients in a note that the big question they want answered is how the Australian company is treating requests from suppliers to pass on higher costs. They wonder if Coles's margins are being compressed or whether suppliers are having to bear additional costs. UBS has a last-published buy rating and A$25.00 target price on the stock, which is up 0.4% at A$22.93. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

April 23, 2026 23:27 ET (03:27 GMT)

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The investment bank's analysts forecast 3.5% total supermarket sales growth over the quarter, reasoning that the 3.7% growth seen in the first seven weeks of the period slowed to 3.3% over the remainder. They tell clients in a note that the big question they want answered is how the Australian company is treating requests from suppliers to pass on higher costs. They wonder if Coles's margins are being compressed or whether suppliers are having to bear additional costs. UBS has a last-published buy rating and A$25.00 target price on the stock, which is up 0.4% at A$22.93. (stuart.condie@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 23, 2026 23:27 ET (03:27 GMT)\n</p>\n<p>\n  Copyright (c) 2026 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 Bulls Think Sales Likely Slowed Over 3Q -- 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 Bulls Think Sales Likely Slowed Over 3Q -- 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\">2026-04-24 11:27</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0327 GMT - Coles's bulls at UBS think that the Australian supermarket operator's sales growth probably slowed modestly over its fiscal 3Q. The investment bank's analysts forecast 3.5% total supermarket sales growth over the quarter, reasoning that the 3.7% growth seen in the first seven weeks of the period slowed to 3.3% over the remainder. They tell clients in a note that the big question they want answered is how the Australian company is treating requests from suppliers to pass on higher costs. They wonder if Coles's margins are being compressed or whether suppliers are having to bear additional costs. UBS has a last-published buy rating and A$25.00 target price on the stock, which is up 0.4% at A$22.93. (stuart.condie@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 23, 2026 23:27 ET (03:27 GMT)\n</p>\n<p>\n  Copyright (c) 2026 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":"COL.AU","symbol_name":"COLES GROUP LTD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2629789692","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2629789692","pubTimestamp":1777001220,"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":"0327 GMT - Coles's bulls at UBS think that the Australian supermarket operator's sales growth probably slowed modestly over its fiscal 3Q. The investment bank's analysts forecast 3.5% total supermarket sales growth over the quarter, reasoning that the 3.7% growth seen in the first seven weeks of the period slowed to 3.3% over the remainder. They tell clients in a note that the big question they want answered is how the Australian company is treating requests from suppliers to pass on higher costs. They wonder if Coles's margins are being compressed or whether suppliers are having to bear additional costs. UBS has a last-published buy rating and A$25.00 target price on the stock, which is up 0.4% at A$22.93. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"COL.AU":"COLES GROUP LTD","BK7040":"食品零售","BK7082":"大卖场与超市","BK7501":"新冠治疗股"},"translate_title":"科尔斯多头认为第三季度销售可能会放缓——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"COL.AU":0.9},"content_text":"0327 GMT - Coles's bulls at UBS think that the Australian supermarket operator's sales growth probably slowed modestly over its fiscal 3Q. The investment bank's analysts forecast 3.5% total supermarket sales growth over the quarter, reasoning that the 3.7% growth seen in the first seven weeks of the period slowed to 3.3% over the remainder. They tell clients in a note that the big question they want answered is how the Australian company is treating requests from suppliers to pass on higher costs. They wonder if Coles's margins are being compressed or whether suppliers are having to bear additional costs. UBS has a last-published buy rating and A$25.00 target price on the stock, which is up 0.4% at A$22.93. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 23, 2026 23:27 ET (03:27 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":null,"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"}}}