Yahoo Finance Coles Group First Half 2024 Earnings: EPS: AU$0.45 (vs AU$0.46 in 1H 2023)
Coles Group (ASX:COL) First Half 2024 Results
Key Financial Results
Revenue: AU$22.3b (up 6.7% from 1H 2023).
Net income: AU$594.0m (down 3.6% from 1H 2023).
Profit margin: 2.7% (down from 3.0% in 1H 2023). The decrease in margin was driven by higher expenses.
EPS: AU$0.45 (down from AU$0.46 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Coles Group Earnings Insights
Looking ahead, revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Consumer Retailing industry in Australia.
Performance of the Australian Consumer Retailing industry.
The company's shares are up 8.7% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 1 warning sign for Coles Group you should know about.
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