Coles’ supermarkets and liquor stores sold $6.9 billion worth of goods during the September quarter, an increase of more than four per cent.
The supermarket giant lifted its sales 4.4 per cent during the quarter, compared to the same time last year, according to figures released by parent company Wesfarmers on Thursday.
Sales from Coles Express locations, which include petrol stations, rose 6.5 per cent to $2.0 billion.
Bunnings recorded strong total store sales growth of 10.4 per cent for the quarter, with store-on-store sales growing 7.1 per cent.
Officeworks’ total sales grew 3.0 per cent for the quarter.
The retailer’s owner Wesfarmers said sales at its Target outlets had continued to struggle.
“As foreshadowed, Target’s comparable sales performance was below last year, declining 5.2 per cent,” Wesfarmers Managing Director Richard Goyder said.
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“Clearance activity of excess winter inventory during the quarter and the non-repeat of promotional activity in the same period last year significantly affected trading.
“Kmart’s total sales for the quarter were 4.6 per cent above last year, with comparable sales increasing 2.0 per cent when adjusted for the effect of the Toy Sale change.
“Transactions and units sold increased for the fifteenth consecutive quarter, with good performances achieved in core apparel and home categories.”
Goyder said that all of the retail divisions were generally well placed for the important Christmas trading period.
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