Shares in Wesfarmers went on a slide after Australia’s biggest private employer released quarterly sales numbers showing flat growth at Coles.
A short time ago, they were down 3.1% to $41.39.
Headline food and liquor sales at Coles for the first quarter were $7.97 billion, up 1.5% on the same three months last year.
However, comparable food and liquor sales increased just 0.4% and comparable food sales were up 0.3% for the quarter.
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