![Australia's Coles posts 1.3% rise in first-quarter sales](https://i-invdn-com.investing.com/trkd-images/LYNXMPEI9O0XE_L.jpg)
© Reuters. FILE PHOTO: Individuals stroll previous a Coles grocery store following the easing of restrictions carried out to curb the unfold of the coronavirus illness (COVID-19) in Sydney, Australia, June 17, 2020. REUTERS/Loren Elliott
(Reuters) – Australian grocery store chain Coles Group (OTC:) on Wednesday reported a 1.3% rise in first-quarter gross sales, benefiting from increased product costs and the easing of COVID-19 curbs.
The corporate, which operates greater than 800 shops in Australia, posted group gross sales income of A$9.89 billion ($6.32 billion) for the 13 weeks to Sept. 25, in contrast with A$9.77 billion a yr in the past.
($1 = 1.5649 Australian {dollars})