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AAP
AAP
Business
Derek Rose

'Down Down': Coles shares shamed as sales growth slows

Coles Josh Gilbert Woolworths Joel Carrett
Coles shares have plunged to a six-month low after reporting slowing sales growth. (Joel Carrett/AAP PHOTOS)

Coles shares have plunged to a six-month low after the supermarket giant reported slowing sales growth in one of the last results from Australia's half-year earning season.

Coles' same-store supermarket sales rose just 2.4 per cent in the second quarter after jumping 4.6 per cent in the first quarter, for total comparable sales growth of 3.4 per cent for the 27 weeks to January 4.

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