1 Min Read
SYDNEY, April 27 (Reuters) - Australia's Wesfarmers Ltd , owner of the country's No. 2 grocery chain, said third quarter food and liquor sales rose 1.2 percent as a strategy of cutting shelf prices to win customers was offset by higher wholesale prices.
Food and liquor sales for Coles supermarkets came in at A$7.6 billion ($5.7 billion) for the three months to March 26, the mining-to-retail conglomerate said in a statement on Thursday.
No analyst forecasts were available for the quarterly result.
$1 = 1.3373 Australian dollars Reporting by Byron Kaye; Editing by Jacqueline Wong