15 February 2017
Coles has reported H1 sales for the period ending 31 December 2016 of AU$20,277m, a decline of 0.2% on the previous year. Earnings before interest and tax also declined 2.6% to AU$920m.
Food and liquor sales up 2.2% to AU$17,020m
Coles' food and liquor division maintain positive growth, despite slowing down considerably from H1 2015, when sales grew 5.4%. Sales also slowed throughout the ha...