Australian supermarket operator Coles' third-quarter revenue rises 3.4%
29/04/2025 23:49
April 30 (Reuters) - Australia's Coles Group COL.AX reported a 3.4% rise in third-quarter revenue on Wednesday, driven by strong performance at its supermarkets division as price-conscious consumers took stock of value campaigns and promotions to shop cheaper. The country's second-largest grocer posted total group sales revenue of A$10.38 billion ($6.62 billion) for the quarter, compared to A$10.03 billion in the previous year. ($1 = 1.5672 Australian dollars) (Reporting by Adwitiya Srivastava and John Biju in Bengaluru; Editing by Alan Barona) ((Adwitiya.Srivastava@thomsonreuters.com))
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