ASX:WESMultiline Retail
Will Inflation Jitters Around Retail Spending Change Wesfarmers' (ASX:WES) Investment Narrative?
In the past week, Wesfarmers faced increased investor caution ahead of key inflation data expected to influence interest rate expectations and, in turn, household spending patterns across its Bunnings, Kmart Group, and Officeworks chains.
This focus on upcoming inflation figures highlights how sensitive Wesfarmers’ largely discretionary retail earnings are to shifts in consumer confidence and the broader cost of living backdrop.
We’ll now examine how this heightened concern about inflation’s...