Coles Group (ASX: COL) was split from the broader Wesfarmers conglomerate (which owns Bunnings Warehouse) in November 2018 after 10 years of ownership. However, the Coles name has operated in Australia for 100 years. Today, Coles is one of the largest retailers in the country, serving 21 million customers per week across its supermarkets, Coles Express, Online, Vintage Choice and others.
After the market reacted negatively to the Coles Group (ASX: COL) strategy day, I list three reasons why I think shares are good value.
The S&P/ASX 200 (ASX:XJO) finished down 0.4% on Thursday. Coles (ASX:COL) and Seven West Media (ASX:SWM) shares are in the news.
It seems like the Coles Group Ltd (ASX: COL) shares are following its discount ‘Down, Down’ campaign as it dropped by 4.8% this morning.
A comprehensive review of the Woolworths Group (ASX:WOW) demerger of Endeavour Group and what it means for shareholders.
The S&P/ASX 200 (INDEXASX:XJO) fell 0.3% on Wednesday, driven lower by the consumer staples sector. Brickworks (ASX:BKW) is in the news.
The Coles Group Ltd (ASX:COL) share price could be a value play after its recent fall after the supermarket business reported in February.
I think there are some really good ASX 200 (ASX:XJO) shares that are contenders for dividend income such as Brickworks Limited (ASX:BKW).
The S&P/ASX 200 (INDEXASX:XJO) finished Friday on a weaker note. Beach Energy (ASX:BPT) and ANZ (ASX:ANZ) shares are making headlines.
The Bubs Australia Ltd (ASX:BUB) share price is rising after reporting its quarter ending 31 March 2021 with signs of a recovery.
