BUNNINGS ANZ SALES +11% IN Q3

By NZHJ April 21, 2016 Industry news

Bunnings makes "good progress" across "all strategic initiatives", with "increased brand reach in both physical and digital networks".

Total Wesfarmers ANZ Home Improvement sales for Q3 FY2015 (for the 3 months to 31 March 2016) were AU$2.6 billion, an improvement of 11%.

Total Q3 store sales were +11.5% and store-on-store growth +8.3% (compared to +11.8% and +9.4% for the same period last year).

For the financial year to date (9 months to 31 March), total sales were AU$8.1 billion (+10.9%).

Total store sales were +11.1% in the year to date, while store-on-store growth was +8%.

Bunnings Group Chief Executive Officer, John Gillam, says Bunnings Australia and New Zealand delivered "pleasing sales growth, building on positive momentum and taking advantage of good trading conditions.

“We continue to make good progress across all our strategic initiatives, with increased brand reach in both physical and digital networks."

In terms of Wesfarmers’ new UK and Irish Homebase business, there is no data as yet.

Read the full Q3 report here.

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