Australia News

Supermarket Giant Coles Reports $44 Billion Sales Revenue

Supermarket inflation for the year was 1.5 percent, while Coles reported a net profit of $1.08 billion.
Supermarket Giant Coles Reports $44 Billion Sales Revenue
A man walks into a Coles supermarket in Albany, Western Australia, on April 11, 2024. Susan Mortimer/The Epoch Times
Monica O’Shea
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Australian major supermarket giant Coles has reported a total sales revenue of more than $44 billion (US$28.5 billion) in the 2025 financial year, up 3.6 percent.

On the back of this news, Coles shares have soared 9.24 percent to $22.65 per share at the time of writing.

Monica O’Shea
Monica O’Shea
Author
Monica O’Shea is a reporter based in Australia. She previously worked as a reporter for Motley Fool Australia, Daily Mail Australia, and Fairfax Regional Media. She can be reached at monica.o'[email protected]