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Update · 10:30 am AEST · 25 August 2026

27 DAYS AGO Key event Share
Coles profit hit by underpayment scandal
Photograph: SMH business (AU)

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).

Coles profit hit by underpayment scandal But Coles chief executive Leah Weckert said the supermarket delivered another set of consistent results for the 2026 financial year. smh.com.au
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