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Supermaket chain Coles posts 3 4% rise in revenue

(Reuters) -Australia's Coles flagged deflation in its fresh produce and meat products, with a moderation in price rises across its broader packaged categories amid a cost-of-living crisis sparked by stubbornly high inflation. The supermarket operator, which competes with bigger rival Woolworths, posted a 3.4% rise in third-quarter revenue on Tuesday, reflecting a jump in sales at its primary supermarkets operation helped by strong volume growth. Inflation numbers in Australia have eased over the last quarter but still remains comparatively high.

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Coles supermarket sales surge while liquor takes a hit

Coles has recorded a 5.1 per cent rise in supermarket sales over the past three months, but cost of living pressures have dealt a blow to alcohol sales.

Coles group

Coles releases sales results as customers feel squeeze

Coles releases sales results as customers feel squeeze
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Australian supermaket operator Coles Q3 revenue rises 3 4%

-Australia s Coles Group on Tuesday reported a rise in third-quarter revenue, as signs of cooling inflation helped drive sales of key grocery items at its stores. The.

Rishav chatterjeeAyushman ojhaAustralia coles group onColes group

Coles releases sales results as customers feel squeeze

Coles releases sales results as customers feel squeeze
hawkesburygazette.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hawkesburygazette.com.au Daily Mail and Mail on Sunday newspapers.

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