Coles Liquor FY26 results show revenue decline amid cost-of-living pressures
Coles Liquor reported FY26 sales revenue down 3.3% to $3.5bn, attributing the decline to ongoing cost-of-living pressure and subdued consumer sentiment alongside elevated promotional activity across the retail sector. The company said results were below expectations and, after a strategic review, is executing a plan to integrate food and drink offerings and optimize its store network, including opening 16 co-located stores and closing 26.