Reported 2 days ago
Australian discretionary retailers are anticipated to report stronger half-year earnings as easing inflation and tax cuts encourage consumer spending. Brands like Guzman y Gomez and Wesfarmers, which includes Kmart and Bunnings, are poised for positive outcomes. Analysts highlight Guzman as a strong performer based on its previous successful public offering, while Wesfarmers is expected to see a slight profit increase. Investors are particularly interested in companies' second-half prospects amid ongoing cost of living pressures.
Source: YAHOO