22 February 2022
Coles has released its FY22 half year results with gross sales up 1.8% to AU$21,204m and EBIT down 4.4% to AU$975m.
Supermarkets' sales up 2.0% to AU$18,582m
Despite being up against strong comparatives, Coles continued to drive growth within its supermarkets division, with LFL sales growth of 1.4% in Q1 and 1.6% in Q2. On a two-year basis sales remained inflated, up 9.6%. As restrictions e...