Coles accelerates sales growth in Q3

Date : 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…

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