Wesfarmers Coles Q4 Sales Rise 4.6%

Wesfarmers Ltd

reported a 4.6% rise in its total sales at its Coles supermarket division in the fourth quarter. Its sales at its Coles supermarket division surged to 8.35 billion Australian dollars (US$8.61 billion). Its food and liquor sales at Coles gained 4.6% to A$6.47 billion. Wesfarmers shares closed at $16.40 yesterday.