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AAP
AAP
Derek Rose

YOU WONT BELIEVE: Coles says focus on value helped boost bottom line - You Need To See This

Coles Supermarket Leah Weckert
Shares in Coles have hit a record high after the supermarket giant posted strong sales figures. (Lukas Coch/AAP PHOTOS)

Coles Group has begun the new financial year strongly after posting stellar earning results for the previous 12 months that sent its stock flying.

The grocery and liquor company's shares on Tuesday soared 8.5 per cent to an all-time high of $22.50, in its best single-day performance since the extreme volatility at the start of the COVID-19 pandemic.  

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