WES News: Guzman, Wesfarmers to deliver upbeat earnings for Australian discretionary retailers - 19th Feb 2025, 6:19pm

annb0t

Top 20
By Rajasik Mukherjee and Kumar Tanishk

(Reuters) - Australia's discretionary retailers are expected to report improved half-yearly earnings, investors said, as easing inflation and tax cuts encouraged weary consumers to start spending again.

The Australian retail sub-index, which includes Kmart and Bunnings hardware chain owner Wesfarmers, electronics retailer Harvey Norman and Mexican fast food chain Guzman y Gomez, has gained 8.2% so far this year.

"On balance the discretionary retailers wi...

>>> Read more: Guzman, Wesfarmers to deliver upbeat earnings for Australian discretionary retailers
 
Top Bottom