Bunnings pushes Wesfarmers towards the next big thing

Wesfarmers' portfolio of brands largely performed well, as Bunnings hammered the competition while Coles' sales came in just below expectations. The group's focus will now shift to its next big strategic move.

Coles' third quarter food and liquor sales may have come in slightly below expectations, but the performance of Wesfarmers’ Bunnings hardware business was eyebrow-raising.

While Coles’ food and liquor sales grew 3.9 per cent -- 3.5 per cent on a comparable stores basis -- Bunnings lifted its sales by a staggering 12.3 per cent to just over $2 billion, with comparable stores growth of 7.8 per cent.

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