Coles Group Full Year 2023 Earnings: EPS: AU$0.78 (vs AU$0.79 in FY 2022)

Coles Group (ASX:COL) Full Year 2023 Results

Key Financial Results

• Revenue: AU$40.6b (up 2.1% from FY 2022).
• Net income: AU$1.04b (flat on FY 2022).
• Profit margin: 2.6% (in line with FY 2022).
• EPS: AU$0.78 (down from AU$0.79 in FY 2022).

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 3.5% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Consumer Retailing industry in Australia.

Performance of the Australian Consumer Retailing industry.

The company's shares are down 10% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Coles Group that you need to take into consideration.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.