Coles, Woolworths and Wesfarmers FY26 Results: How Do Earnings and Dividends Compare?

Sonal Goyal

21 October 2026 11:06 PM AEDT

Coles, Woolworths and Wesfarmers FY26 Results: How Do Earnings and Dividends Compare?

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Key highlights

Coles Group (ASX:COL) reported FY26 sales Revenue of $45,580 million and total dividends of 78 cents per share.
Woolworths Group (ASX:WOW) reported Group sales of $71.5 billion and EBIT before significant items of $3,105 million, up 12.7%.
Wesfarmers (ASX:WES) reported revenue of $47,274 million, NPAT of $2,874 million and a 222 cent full-year dividend.

Retailers reported annual results in August 2026 against a backdrop of household cost-of-living pressure. This article reviews the FY26 results of Coles Group Limited (ASX:COL), Woolworths Group Limited (ASX:WOW) and Wesfarmers Limited (ASX:WES), covering supermarkets, eCommerce, home improvement, discount retail and other divisions.

Sector context

Supermarket and general retail results depend on household budgets, food inflation, competition, eCommerce growth and cost efficiency. The releases refer to value-led pricing, productivity programs and growth in digital and on-demand channels.

Coles Group Limited (ASX:COL)

Coles reported its FY26 results for the 52 weeks to 28 June 2026 on 25 August 2026. Group sales revenue was $45,580 million, up 2.8%, Group EBIT was $2,322 million, with growth of 9.9% excluding significant items, and Group NPAT was $1,090 million, up 1.0%, or $1,255 million, up 13.7%, excluding significant items. Significant items of $235 million ($165 million after tax) related to a Federal Court judgment in the Fair Work Ombudsman proceedings. Total dividends were 78 cents per share, fully franked, up 5.1%.

Supermarkets EBIT rose 12.2% excluding significant items with Margin expansion of 43 basis points, and Supermarkets eCommerce sales rose 26.4% to $5.6 billion. Exclusive to Coles sales rose 6.1%, and Simplify and Save to Invest benefits of $311 million were delivered.

Woolworths Group Limited (ASX:WOW)

Woolworths reported its F26 results for the 52 weeks to 28 June 2026 on 26 August 2026. Group sales were $71.5 billion, up 3.6%, Group EBIT before significant items was $3,105 million, up 12.7%, and NPAT before significant items was $1,599 million, up 15.4%. NPAT after significant items was $1,138 million, up 18.1%, and the final Dividend was 52 cents, up 15.6%. Group eCommerce sales rose 15.9% to $10.6 billion.

Australian Food sales rose 4.6% with EBIT up 8.5%, New Zealand Food sales rose 2.5% with EBIT up 8.8%, and Australian B2B EBIT rose 13.0%. W Living EBIT was $116 million. The company said it expects the challenging economic environment to continue with household budgets under pressure.

Wesfarmers Limited (ASX:WES)

Wesfarmers reported FY26 results on 27 August 2026. Revenue was $47,274 million, up 3.4%, EBIT was $4,493 million, up 0.6% (7.3% higher excluding prior-year significant items), and NPAT was $2,874 million, down 1.8% statutory and up 8.3% excluding significant items. Operating Cash Flow was $4,272 million, down 6.5%, and the full-year ordinary dividend was 222 cents, up 7.8%, fully franked.

The release named Bunnings, Kmart Group and WesCEF as the largest Earnings contributors. Spodumene concentrate production at its lithium Business was 209kt, above guidance, while the lithium refinery’s ramp-up was affected by odour issues. Officeworks earnings reflected transformation costs, and Wesfarmers Health delivered higher earnings.

Common themes in the three retail results

All three retailers reported higher earnings excluding one-off items, higher dividends, and growth in eCommerce, with each emphasising price Investment and productivity. Wesfarmers also reported items outside retail, including chemicals and lithium.

FAQs

Q: What were Coles’ (ASX:COL) total FY26 dividends?

A:78 cents per share, fully franked, up 5.1%.

Q: What was Wesfarmers’ (ASX:WES) FY26 dividend?

A:222 cents per share, up 7.8%, fully franked.

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