Wesfarmers CEO Rob Scott welcomed the recent interest rate cut but acknowledged ongoing consumer struggles, projecting $60 million in lithium losses due to market oversupply. Despite these challenges, the company plans to expand its retail operations, including six new Officeworks stores and more Anko-branded outlets at Kmart, even venturing into the Philippines. Following the investor day, Wesfarmers' share price fell nearly 1%, with analysts expressing mixed views on the stock's valuation and growth potential amidst concerns of flat earnings.