Australian grocer Coles posts 3.9% rise in first-quarter sales revenue
Reuters
Oct 30
Australian grocer Coles posts 3.9% rise in first-quarter sales revenue
Oct 30 (Reuters) - Australia's Coles Group COL.AX reported a 3.9% rise in first-quarter sales revenue on Thursday, as more consumers shopped at its supermarkets for groceries and other items. The country's second-largest grocer posted total group sales revenue of A$10.96 billion ($7.12 billion) for the quarter, compared with A$10.55 billion reported a year earlier.
($1 = 1.5389 Australian dollars)
(Reporting by Sneha Kumar in Bengaluru; Editing by Anil D'Silva)
((Sneha.Kumar@thomsonreuters.com))
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