News: COL Coles Group Says In Early Part Of Q4, Supermarkets Volumes Have Remained Positive

April 30 (Reuters) - Coles Group Ltd (COL) :

• IN EARLY PART OF Q4, SUPERMARKETS VOLUMES HAVE REMAINED POSITIVE
• QTRLY SUPERMARKETS GROSS RETAIL SALES A$9,316 MILLION VERSUS A$8,874 MILLION
• QTRLY SUPERMARKET SALES REVENUE A$ 9,065 MILLION
• QTRLY TOTAL GROUP SALES REVENUE A$10,033 MILLION
• AT SUPERMARKETS DIVISION, HAVE ALSO CONTINUED TO SEE DEFLATION IN FRESH PRODUCE AND MEAT IN EARLY Q4
• QTRLY SUPERMARKETS COMPARABLE SALES GROWTH 4.2% VERSUS 6.5%
• IN LIQUOR, IN EARLY PART OF Q4 SALES PERFORMANCE HAS BEEN BROADLY IN LINE WITH Q3
• TOTAL SUPERMARKETS PRICE INFLATION REDUCED TO 2.2% IN THE THIRD QUARTER
• FOR FY DEPRECIATION AND AMORTISATION IS NOW EXPECTED TO BE A$1.6 BILLION
• IN SUPERMARKETS DIVISION, CONTINUED TO SEE MODERATION IN INFLATION ACROSS BROADER PACKAGED CATEGORIES IN EARLY Q4

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