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Wesfarmers Ltd (WES.AX)

WES.AX on Australia Stock Exchange

45.53AUD
28 Sep 2020
Change (% chg)

$-0.22 (-0.48%)
Prev Close
$45.75
Open
$45.75
Day's High
$46.00
Day's Low
$45.53
Volume
926,734
Avg. Vol
2,353,315
52-wk High
$49.67
52-wk Low
$29.75

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Thu, Aug 20 2020

UPDATE 2-Australian retailer Wesfarmers' profit beats view as lockdowns spur buying

SYDNEY, Aug 20 Australian retail conglomerate Wesfarmers Ltd posted a better than expected annual profit on Thursday as shoppers stocked up on home improvement and office supplies due to COVID-19 lockdowns.

Wesfarmers annual profit rises 7.4% as lockdowns boost online sales

Australia's Wesfarmers Ltd on Thursday reported a 7.4% rise in annual profit as online sales surged at its hardware and stationery chains during coronavirus lockdowns, offsetting a subdued performance at its discount department stores.

UPDATE 1-Virus-driven lockdown bumps Wesfarmers online sales up 89%

June 9 Australian retail giant Wesfarmers Ltd on Tuesday reported an 89% surge in online sales so far this calendar year, powered by its Bunnings and Officeworks units, as coronavirus-enforced curbs led customers to do more digital shopping.

BRIEF-Wesfarmers Says Financial Year To Date Total Online Sales Across Group Increased 60%

* ON A FINANCIAL YEAR TO DATE BASIS, TOTAL ONLINE SALES ACROSS GROUP INCREASED 60 PER CENT TO $1.4 BILLION

Wesfarmers online sales soar through coronavirus lockdown

June 9 Australian retail giant Wesfarmers Ltd on Tuesday reported an 89% surge in online sales so far this calendar year, as strict coronavirus-enforced curbs kept customers indoors and led them to shop more digitally.

UPDATE 2-Australia's Wesfarmers to shut or rebrand over 100 Target stores in virus slump

SYDNEY, May 22 Australian retail giant Wesfarmers Ltd said it will close or rebrand nearly two-thirds of its Target department stores and take one-off charges totalling up to A$650 million ($426 million) as it reels from the coronavirus fallout.

Wesfarmers expects up to $315 million impairment in 2020 as part of Target review

Australia's Wesfarmers Ltd said on Friday it expects a pre-tax non-cash charge of up to A$480 million ($315.22 million) in fiscal year 2020 as part of a strategic review of Target, which is part of its department store division Kmart.

Wesfarmers to recognize up to $315 mln impairment in Kmart Group for 2020

May 22 Australia's Wesfarmers Ltd on Friday said it expects to recognize a non-cash impairment charge in Kmart Group, its low-priced retail chain, of about A$430 million-A$480 million ($282.38 million-$315.22 million) before tax for 2020.

Australia's Wesfarmers says Target sales hit hard by lockdown

Australia's Wesfarmers Ltd said on Tuesday that in-store sales fell in recent weeks at both its discount department stores, Kmart, and to a larger extent, Target, as measures to control the coronavirus outbreak kept shoppers indoors.

UPDATE 1-Australia's Wesfarmers says Target sales hit hard by lockdown

April 28 Australia's Wesfarmers Ltd said on Tuesday that in-store sales fell in recent weeks at both its discount department stores, Kmart, and to a larger extent, Target, as measures to control the coronavirus outbreak kept shoppers indoors.

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