March 19, 2020 / 10:49 PM / 21 days ago

BRIEF-Wesfarmers Says Unable To Provide Estimate Of Impact Of COVID-19 On FY Results

March 20 (Reuters) - Wesfarmers Ltd:

* NOT ABLE TO PROVIDE AN ESTIMATE OF IMPACT OF COVID-19 ON WESFARMERS’ FULL-YEAR FINANCIAL RESULTS.

* HAS IN RECENT DAYS BEEN WEAKNESS IN SALES OF DISCRETIONARY PRODUCTS SUCH AS APPAREL, PARTICULARLY IN TARGET

* WEAKNESS IN SALES OF DISCRETIONARY PRODUCTS IS EXPECTED TO CONTINUE AND REPRESENTS A RISK TO OUTLOOK FOR RETAIL SALES ACROSS GROUP

* DOES NOT CURRENTLY EXPECT SUPPLY CHAIN CONSTRAINTS TO HAVE A MATERIAL IMPACT ON RETAIL TRADING PERFORMANCE Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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