Coles revenue up 3.4pc

Coles Group chief executive Leah Weckert has welcomed the company’s third quarter sales result, with revenue up by 3.4 per cent, or $336 million, to $10.37 billion.

Ironically, sales were also up 3.4 per cent this time last year.

Third quarter group sales revenue during the first 12 weeks of the 2025 calendar year was enhanced by its supermarket-based arm, with revenue jumping by $9 billion to $9.4 billion from the previous quarter.

“These results reflect the continued investments we are making in value and in improving the shopping experience for our customers both in store and online,” Ms Weckert said.

“This period also marked our first quarter where we were able to fully operate both our Automated Distribution Centres and our Customer Fulfilment Centres, underpinning improved efficiency and delivering enhanced product availability.” 

Within Coles' supermarkets arm, ecommerce sales grew by 25.7 per cent to $1.1 billion, with the company stating it was aided by functionality improvements to its app and website, coupled by expanded reach. 

In late-February, Coles announced its net profit had regressed by 2.2 per cent from $589 million to $576 million during the first six months of FY25, while revenue hit $23 billion. 

Coles last traded at $21.24.