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Wesfarmers puts Priceline stores at risk as 54 pharmacies plunge into voluntary administration: 'Sad day'
Priceline pharmacies are facing challenges, with 54 stores entering voluntary administration, creating uncertainty for the Wesfarmers-owned brand. This situation presents potential risks for the company's retail performance and overall outlook.
Wesfarmers says Australian consumers starting to spend again, profit rises
Wesfarmers reported that consumer spending in Australia is showing signs of recovery due to easing inflation and interest rates. This positive trend contributed to a rise in the company's profit, signaling a potentially favorable outlook for its retail businesses.
Nippon Sanso Holdings Corporation (TSE:4091) agreed to acquire Coregas Pty Ltd from Wesfarmers Limited (ASX:WES) for AUD 770 million.
Wesfarmers has agreed to sell its industrial gas supply arm, Coregas, to Nippon Sanso for A$770 million. This divestment allows Wesfarmers to streamline its portfolio and potentially focus on its core retail operations and emerging segments like Wesfarmers Health.
Wesfarmers Full Year 2025 Earnings: EPS Beats Expectations
Wesfarmers' full year 2025 earnings exceeded expectations, demonstrating strong performance across its businesses. This positive result reinforces investor confidence in the company's ability to navigate challenging economic conditions and deliver growth.
Wesfarmers Announces a Special Dividend, Payable on December 4, 2025
Wesfarmers announced a special dividend, signaling confidence in its financial position and a commitment to returning value to shareholders. This action could make the stock more attractive to income-seeking investors.
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