Coles Group Limited (CLEGF) Q4 2025 Earnings Call Transcript

2025-08-26 20:49:51 ET

Coles Group Limited (CLEGF)

Q4 2025 Earnings Conference Call

August 25, 2025, 08:00 PM ET

Company Participants

Anna Croft - Chief Commercial & Sustainability Officer

Leah Weckert - CEO, MD & Director

Matthew Swindells - Chief Operations & Supply Chain Officer

Sharbel Raymond Elias - Chief Financial Officer

Conference Call Participants

Adrian Lemme - Citigroup Inc., Research Division

Ajay Mariswamy - Macquarie Research

Ben Gilbert - Jarden Limited, Research Division

Bryan Raymond - JPMorgan Chase & Co, Research Division

Craig John Woolford - MST Financial Services Pty Limited, Research Division

David Errington - BofA Securities, Research Division

Michael Simotas - Jefferies LLC, Research Division

Nicole Penny - Rimor Equity Research

Phillip Kimber - E&P, Research Division

Richard Barwick - CLSA Limited, Research Division

Shaun Robert Cousins - UBS Investment Bank, Research Division

Thomas Kierath - Barrenjoey Markets Pty Limited, Research Division

Presentation

Operator

Thank you for standing by, and welcome to the Coles Group FY '25 Results Briefing. [Operator Instructions] I would now like to hand the conference over to Leah Weckert, Chief Executive Officer. Please go ahead.

Leah Weckert

Good morning, and thank you for joining our full year results call this morning. Before I begin, I would like to acknowledge the Traditional Custodians of this land on which we meet today, the Wurundjeri Peoples of the Kulin Nation. We acknowledge their strength and resilience, and pay our respects to their Elders, past and present.

Several members of our executive leadership team are with me in the room today. Charlie Elias, our CFO; Matt Swindells, our Chief Operations and Supply Chain Officer; Anna Croft, our Chief Commercial and Sustainability Officer; and Michael Courtney in his new role of Chief Customer and Digital Officer. We also have Claire Lauber in the room with us today. Claire commenced in her role as Chief Executive Liquor at the end of June.

Moving now to Slide 2. We are now 2 years into our refreshed strategy, and I am really pleased with the positive momentum that we're seeing in the business. This has been achieved through a consistent focus on executing against our strategic priorities. As we entered FY '25, we were clear that value, quality, availability and the overall customer experience were going to be key areas of focus for us, and we have made good progress on each of them during the year....

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