Wesfarmers

Wesfarmers has reported a good-looking set of second-quarter sales numbers, but they obviously weren't quite up to snuff as the shares have opened around 1% lower. The main highlight was Coles, which saw comparable food and liquor sales growth of 3.9% – its fifteenth consecutive quarter of growth and its highest for five quarters. The improvement reflected higher volumes and a reduction in grocery price deflation to 0.9%. Other positives were a 4.2% rise in Bunning's same-store sales, compared to market forecasts of about 3%, and a return to growth for Target (albeit only 0.2% on a comparable basis)....

Wesfarmers has reported a good-looking set of second-quarter sales numbers, but they obviously weren't quite up to snuff as the shares have opened around 1% lower.

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

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

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

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

Please untick this box when using a public or shared device


Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles