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Wesfarmers Q3 Retail Sales Update

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Wesfarmers Limited today announced its retail sales results for the third quarter of the 2017 financial year.

Managing Director Richard Goyder said the sales performance of the Group’s retail businesses was generally pleasing given the later timing of Easter in the 2017 financial year, with most businesses building on the strong growth achieved in the prior corresponding period.

“Bunnings Australia and New Zealand achieved total sales growth of 7.7 per cent during the quarter, building on the strong growth achieved in prior periods through the continued solid execution of its strategic agenda. In the United Kingdom and Ireland, further progress has been made on transition, separation and integration activities following the Homebase acquisition. Following the successful launch of the first Bunnings pilot store in February 2017, the second pilot store was opened in Hatfield Road, St Albans on 12 April 2017.

Download the full Retail Sales release below.

26 April 2017
Download “Wesfarmers 2017 Third Quarter Retail Sales Results”

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Thank you for the excellent presentation that you gave at Woodbury Park on Thursday morning. It was very interesting and thought-provoking for our Retail members. The feedback has been excellent.

Martin Elliott. Chief Executive - Home Hardware.

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