<?xml version="1.0" encoding="ISO-8859-1"?> <docID>327705</docID> <postdate>2024-08-27 09:20:14</postdate> <headline>Coles reports 30% jump in online supermarket sales</headline> <body><p><img class="size-full wp-image-327706" src="https://citynews.com.au/wp-content/uploads/2024/08/20240221001905627200-original-resized.jpg" alt="" width="900" height="601" /></p> <caption>Coles has posted an annual net profit of $1.1 billion for the 2023/24 year. (Joel Carrett/AAP PHOTOS)</caption> <p><span class="kicker-line">By <strong>Derek Rose</strong> in Sydney</span></p> <p><strong>Coles has reported a 30 per cent jump in e-commerce sales as the supermarket giant rolls out changes to its app and website to improve and personalise customer experiences.</strong></p> <p>Coles announced on Tuesday it had $3.7 billion in e-commerce supermarket sales in the 53 weeks to June 30, up from $2.8b in 2022/23.</p> <p>Online sales made up 9.4 per cent of all sales, up from 7.5 per cent the year before.</p> <p>The company said it worked to significantly reduce Click and Collect wait times and added several other new digital features in 2023/24.</p> <p>Overall, Coles had $39b in annual sales, up 6.2 per cent from the slightly shorter previous financial year, or a rise of 4.3 per cent on a normalised 52-week basis.</p> <p>Coles' profit rose 2.1 per cent to $1.1 billion on a normalised basis.</p> <p>The company declared a 32 cents per share fully franked dividend, taking its total dividends to the year to 68 cents per share.</p> </body>