Coles Q1 sales rise 4% as supermarket momentum offsets liquor softness
PositiveFinancial Markets

Coles has reported a 4% increase in sales for the first quarter, showcasing strong momentum in its supermarket division that has successfully offset a decline in liquor sales. This growth is significant as it reflects consumer confidence and the effectiveness of Coles' strategies in adapting to market demands. The rise in supermarket sales indicates that shoppers are prioritizing grocery purchases, which is crucial for the company's overall performance and future outlook.
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