Tag: Wesfarmers

Coles Express reports first-quarter sales drop

Fuel volumes for Coles Express continued to be affected by competitor site upgrades and a lower number of site openings compared with rivals, according to Wesfarmers’ first-quarter 2017 retail sales results. Total Coles...

Coles announces positive results and plans for SKU reductions

Coles’ earnings increased 4.3 per cent to $1,860 million for the full year, with revenue growth of 2.7 per cent. Wesfarmers Managing Director Richard Goyder says the continued momentum in Coles’ food and...

Wesfarmers posts strong retail sales growth

Wesfarmers’ retail sales results for the third quarter of 2016 show strong sales growth for Coles, Bunnings, Kmart and Officeworks. Managing Director Richard Goyder said the sales performance during the quarter was generally...

Wesfarmers: strong half-year results and senior management changes

Wesfarmers Limited has reported a net profit after tax (NPAT) of $1,393 million for the half-year ended December 31, 2015, an increase of 1.2 per cent on the previous corresponding period. Managing Director...

Fuel drives down Coles Express quarterly sales

Coles Express sales, including fuel, for the first quarter of FY16 were $1.8 billion, a decrease of 7.8 per cent on the previous corresponding period, driven by lower fuel prices, according to...
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