Wesfarmers Strategy Day Puts Bunnings, Kmart Cost Squeeze In Focus
Wesfarmers will hold its 2026 Strategy Briefing Day in Sydney on June 10, with presentation materials set for ASX release before an 8:30 a.m. webcast. The event comes as the Reserve Bank of Australia raised rates to 4.35% and CEO Rob Scott warned of rising costs, especially from fuel surcharges. Wesfarmers shares closed at A$71.67 on May 15, down 0.08%. The company reported half-year net profit of A$1.603 billion in February.