Coles Group Releases its Q3 FY2020 Sales Results; Reports 12.9% Growth in Sales Revenue

  • Apr 29, 2020 AEST
  • Team Kalkine

Coles Group Limited (ASX:COL) has released its sales results for Q3 FY2020 from 6 January 2020 to 29 March 2020.

  • The sales revenue has improved by 12.9% to $9.2 billion.
  • In January and February Supermarkets performed strongly. It was able to achieve comparable sales growth of 13.1% during the period.
  • The liquor segment was negatively impacted due to bushfire smog over capital cities and floods in January and February 2020. The comparable growth reported for the quarter was 7.2%.
  • Express (c-store) comparable growth during the period was 4.3%.

 


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