Coles has a strong balance sheet with net debt of AUD 1.2 billion as of December 2023. The balance sheet leverage ratio, defined as net debt divided by EBITDA (post-AASB 16), decreased to 2.6 as ...

Which company will preform better over the next 12 months? The post JP Morgan upgrades both Coles and Woolworths shares. But ...

Wesfarmers provided Coles with a strong balance sheet at the demerger. Pro forma net debt was AUD 1.6 billion as of June 2018. We treat AUD 0.3 billion of cash as in transit or what Coles uses in ...

The move aims to cut out intermediaries and reduce prices. JD Super, the supermarket arm of JD.com, has signed a $69.7m ...

Coles reported third quarter group sales of A$10.38 billion ($6.64 billion), 3.4% higher than last year, reflecting strong growth at its supermarket business on higher volumes.

SYDNEY— Coles COL 0.25% Chief Executive Leah Weckert rejected allegations of price gouging in Australian supermarkets, reiterating that the company is likely to defend itself as public scrutiny ...

The German discount chain is rolling out delivery in Canberra from Tuesday, taking its battle for market share into the fast-growing online grocery sector.

Retail workers at Coles, one of Australia’s two major supermarket chains, are this week voting on a proposed enterprise agreement (EA) that will worsen conditions, increase casualisation and ...

Australia's No. 2 supermarket operator Coles Group on Tuesday rejected accusations of price gouging as its first-half profit beat analyst forecasts, saying food inflation was a global problem and ...

The large block in the heart of Sutherland in which the Coles and IGA supermarkets are located is among sites proposed for ...

Coles, Australia's second-largest supermarket chain, reported net profit after tax from continuing operations of A$576 million for the six months ended December 31, largely in line with the ...