Australian grocer Coles posts 2.2% rise in first-quarter revenue

By Reuters News21:42 (UTC), 29 October 2026 Updated

Oct 30 (Reuters) - Australia's Coles COL.AX reported 2.2% higher first-quarter revenue on Friday, helped by strong supermarket sales as customers swapped dining out for groceries amid rising cost-of-living pressures.

The country's second-largest grocer posted total group sales revenue of A$11.21 billion ($7.88 billion) for the three months ended September 30, down from A$10.96 billion reported a year ago. That was largely in line with the Visible Alpha's estimate of A$11.31 billion.

($1 = 1.4221 Australian dollars)

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