The Coles Group Ltd (ASX: COL) share price is taking a beating today.
Shares in the S&P/ASX 200 Index (ASX: XJO) supermarket giant closed yesterday trading for $22.19. In morning trade on Friday, shares are changing hands for $20.50, down 7.6%.
For some context, the ASX 200 is just about flat at this same time.
This follows the release of Coles’ half-year results, covering the 27 weeks to 4 January (H1 FY 2026).
Here’s what we know.
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Coles share price tumbles on profit decline
The Coles share price is under heavy pressure today despite the supermarket reporting broadly strong growth figures.
That includes a 2.5% year-on-year increase in sales revenue to $23.6 billion.
Supermarkets sales revenue of…
