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, the parent company of Bunnings and Kmart in New Zealand and Australia, has announced profit and revenue growth for the first half of the financial year. Wesfarmers, the parent company ...
(Reuters) - Australia's biggest non-food retailer Wesfarmers said it may raise prices ... The owner of Australia's biggest hardware chain, Bunnings, and budget department store chain Kmart also ...
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 ...
That being so, the affordable Wesfarmers-owned homewares retailer Kmart still increased sales and earnings, as did its leading hardware chain Bunnings, facilitating an improved interim dividend.
The latest forecasts from UBS about Wesfarmers shares came after the company announced its FY25 half-year result. The broker thought Bunnings' revenue was resilient, with growth in both consumer ...
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 ...
helped by a 3.1% increase in pre-tax profit at Bunnings, the company's main earner. Jefferies analysts called the update a "solid result with sales remaining relatively resilient and productivity ...
The two most important divisions for revenue and profit generation are Bunnings Group and Kmart Group, so we'll focus there. Wesfarmers said its largest divisions performed well, thanks to ...
Feb 20 (Reuters) - Australia's biggest non-food retailer Wesfarmers (WES.AX), opens new ... The owner of Australia's biggest hardware chain, Bunnings, and budget department store chain Kmart ...
Wesfarmers has reported a small rise in interim profit from ... Commenting on its core retail businesses, the group said Bunnings “demonstrated the resilience of its offer, with strong consumer sales ...
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