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BRIEF-Wesfarmers Says YTD Total Group Online Sales Rose To $1.3 Bln

Published 12/11/2020, 11:18 am
Updated 12/11/2020, 11:24 am
© Reuters.
WES
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Nov 12 (Reuters) - Wesfarmers Ltd WES.AX :

* TRADING UPDATE

* EXPECT TO INCUR COSTS OF APPROXIMATELY $15 MILLION PER QUARTER WHILE THREAT OF COVID PERSISTS

* SIGNIFICANT DEMAND GROWTH HAS CONTINUED IN BUNNINGS, OFFICEWORKS AND CATCH FOLLOWING H2 RESULTS

* IN YTD, GROUP'S RETAIL BUSINESSES DELIVERED TOTAL ONLINE SALES GROWTH OF 166%, EX. CATCH

* YTD TO OCT 31, IN BUNNINGS, STRONG SALES GROWTH HAS CONTINUED IN BOTH CONSUMER AND COMMERCIAL SEGMENTS

* INCLUDING CATCH, TOTAL ONLINE SALES ACROSS GROUP INCREASED TO $1.3 BILLION IN THE YEAR TO DATE

* YEAR-TO-DATE BUNNINGS SALES GROWTH 25.2%

* YTD TOTAL SALES GROWTH FOR KMART 3.7%

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