Wesfarmers: 1Q sales

Bunnings and Kmart were the standouts, but Coles’ sales growth and its implications for Woolworths garnered the most attention.

Wesfarmers reported first quarter sales for its retail businesses today. All eyes were on Coles to see whether it has taken share from Woolworths during the period. Same-store (or ‘comparable’) sales for the food and liquor business were up 3.6% over the quarter, perhaps a little higher than expected.


SMS Code Sent…

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Log in to access this content

Looks you are already a member. Please enter your password to proceed

Hi {{ user.FirstName }}

Verify your mobile number to unlock a FREE trial

Looks like you've already taken a free trial

Please sign up for full access

Updating information

Please wait ...

Related Articles