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Wesfarmers profit jumps 8.3% after cutting prices on thousands of products
Wesfarmers achieved 8.3% profit growth by dropping prices on household goods across Bunnings and Kmart to ease budgets.
Why it mattersPrice cuts on thousands of products helped Wesfarmers grow adjusted earnings 8.3%, as the retailer supported household budgets during cost-of-living pressures.
Corroborated byperthnow.com.au
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