Tag Archives: third quarter results

Coles and Woolies release third-quarter results

Each of the ‘big two’, Coles and Woolworths, reported third-quarter growth in supermarket sales, according to their latest results. Coles says it delivered a “solid outcome”, while also enjoying growth in Coles Online of 27 per cent. Woolworths hailed its own “sales momentum” and, like Coles, clocked up impressive growth …

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Woolworths sees progress in restoring sustainable sales growth in food

The retailer has announced strong sales momentum in Q3’17, with Australian Food sales up 5.1 per cent to $9.3 billion with comparable sales growth of 4.5 per cent (Easter adjusted). Woolworths Group Chief Executive Officer Brad Banducci said: “We are still in the early stages of our turnaround and are …

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