Wesfarmers Limited
(ASX:WES) says its lifted retail sales in the third quarter for a pleasing result.
General Manager Richard Goyder says headline food and liquor sales growth for the Coles brand was up 5.4 per cent however convenience store sales showed a drop of near 17 per cent for the period.
Bunning recorded sales growth of 12 per cent while Officeworks growth in total sales was up 12 per cent for the quarter. Kmart stores are doing better upping sales by 10.9 per cent however Target sales dipped 1.6 per cent for the period.
Wesfarmers first half net profit for the 2015 financial year came in at $1.37 billion.
