21 February 2023
Australia’s Coles Group reported sales growth of 3.9%, from continuing operations, in its half year to 1 January 2023, reaching AU$20.8 bn (US$14.4 bn), underpinned by the strength of growth at its supermarkets and online. The retailer said its EBIT rose 9.9% to AU$1.1 bn (US$759.2m) as COVID-related costs were reduced and it benefited from the effects of its Smarter Selling programme.
As part...