Coles Reports 2.2% Rise in First-Quarter Revenue
Coles reported first-quarter revenue of A$11.21 billion, up 2.2%, with strong supermarket sales helping lift revenue.
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09:50:51 PM UTC
SquawkNews
By David WinningSYDNEY--Coles Group said same-store sales at its supermarkets rose by 2.7% in the first three months of fiscal 2027, lagging behind chief rival Woolworths as the battle for the budget-conscious food shopper intensifies.Coles said supermarket sales revenue totaled 10.32 billion Austr…