Party takes a sober turn
Mar 31, 2021
3 minutes
STORY JAMES CARLISLE
After the party, the hangover. But it was Woolies, rather than Coles, that remembered to drink a glass of water before bedtime. While the recent interim results showed that like-for-like sales growth remains elevated, for Woolworths it slowed from 11.5% in the first quarter to 7.1% in the second and from 9.7% to 5% for Coles.
As the chart shows, both companies now lag overall food industry sales growth of
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