Coles reports low growth in Q3

Coles has released its Q3 results, with sales up just 0.3% to AU$9,046m. Food and Liquor sales up 1.9% to AU$7,754m Underlying food and liqour sales gained momentum in the quarter. Although like-for-like (LFL) sales only grew 0.9%, removing the unfavourable timing of New Year's Day and Easter…