Bunnings saves the day
Oct 02, 2019
2 minutes
STORY JAMES GREENHALGH
“With a few headwinds in 2020, the potential for earnings disappointment is relatively high”
Thank goodness for Bunnings. Wesfarmers’ best business continued to carry the lesser divisions in 2019, with the home improvement retailer’s operating profit rising 8%. The weaker businesses struggled in 2019 and, somewhat ominously, the outlook seems to be deteriorating.
Yet even Bunnings’ 8%
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