18 April 2013
Wesfarmers has released Coles' Q3 results for the 12 weeks to 24 March 2013, with sales up 6.4% to AU$8,351m. Food and Liquor sales up 6.6% to AU$6,491m
Despite overall food and liquor price deflation of 1.3% in the quarter, like-for-like (LFL) sales grew 5.3% in Q3. Coles saw strong volume growth, with customers benefiting from the retailers continued focus on fresh food quality, a better...