Wesfarmers plans to acquire 15 Bunnings properties currently owned by a special purpose investment trust and in the process will record a one-off profit of up to $130 million. “The one-off [pre-tax ...

Wesfarmers’ earnings before interest and tax (EBIT) increased 4.7% to $2.29bn, up from $2.19bn in the previous year. The company’s hardware retail division, Bunnings, contributed significantly ...

Wesfarmers on Thursday reported a 2.9 per cent lift in interim profit to $1.467bn, with the conglomerate also hiking up its dividend as its twin profit workhorses of hardware chain Bunnings and ...

Wesfarmers confirmed strong results from its retail arm, with net profits after tax for the entire operation rising 2.9 per cent to $1.47bn. The key Bunnings business reported a 3.1 per cent ...

Through Bunnings, Wesfarmers has the largest market share (30%) in a highly growing but fragmented hardware/home improvement/DIY sector. Wesfarmers' Kmart and Target stores provide significant ...

For now Wesfarmers looks to have dodged the worst. Its December-half earnings result was around 2 per cent ahead of market expectations and its profit workhorse Bunnings delivered a 1 per cent ...