h fell slightly short of some analysts' forecasts as restrictions on purchases of toilet paper, tissues, staple foods and cleaning products and online constraints held back sales growth.
Online supermarket sales growth slowed, from around 24 per cent in the first half to 14 per cent, because Coles was forced to suspend home deliveries and click & collect services in March for all but vulnerable customers due to overwhelming demand.Related QuotesCOLColes Supermarkets$15.37 -5.30%1 year1 dayMay 19Aug 19Nov 19Feb 2012.0014.0016.0018.0010.00am15.30015.70016.100Updated: Apr 29, 2020 – 1.34pm. Data is 20 mins delayed.View COL related articles WOWWoolworths$35.87 -2.53%1 year1 dayMay 19Aug 19Nov 19Feb 2030.0035.0040.0045.0010.00am35.80036.00036.20036.400Updated: Apr 29, 2020 – 1.35pm. Data is 20 mins delayed.View WOW related articles MTSMetcash$2.48 -0.20%1 year1 dayMay 19Aug 19Nov 19Feb 202.302.703.1010.00am2.4702.4902.510Updated: Apr 29, 2020 – 1.35pm. Data is 20 mins delayed.View MTS related articles
growth in April had returned to pre-COVID-19 levels (around 3.6 per cent) as
believe food and grocery sales growth will remain elevated this year and next year as shoppers continue to practice social distancing and consume more at home rather than eating out
While sales have risen strongly, cost of doing business had also risen,