Supermarket giant Coles is continuing to see higher costs weigh on its bottom line, even as COVID-19 restrictions are eased, wiping off gains from elevated sales amid lockdowns in the first half of the year.
The company on Tuesday said supermarket sales lifted in early January due to the spread of the Omicron variant, before moderating later in the month.
On the other hand, COVID-19 and floods in South Australia have also impacted some sales, particularly in Western Australia.
