Australia: Bunnings achieves almost 20% this year

An increase in sales of 19.2 % has been reported by the Australian chain of DIY stores Bunnings for the period of January to May 2020 compared to the same period last year. In the first half of financial year 2019/2020 (1 July to 31 December 2019) the sales growth amounted to 5.8 %. In the overall financial year until now, i.e. from July 2019 to the end of May 2020, an increase of 11.3 per cent has accumulated.

Bunnings’ parent company Wesfarmers also believes the effects of Covid-19 are responsible for this growth, as customers continue to spend more time working, learning and relaxing at home.

Source: www.diyinternational.com