Coles posted a profit of $1.09 billion for the 2026 financial year after setting aside a $235 million provision for a staff underpayment scandal, according to the Sydney Morning Herald.
The supermarket's net profit lifted 13.7 per cent to $1.255 billion when excluding the provision, while total sales grew 2.8 per cent to $45.6 billion, the publication reports. – With SMH Jessica Yun reports for SMH business (AU).