Wesfarmers Limited (ASX:WES)

Australia flag Australia · Delayed Price · Currency is AUD
76.12
-1.50 (-1.93%)
Feb 21, 2025, 4:10 PM AEST
20.81%
Market Cap 86.40B
Revenue (ttm) 45.01B
Net Income (ttm) 2.60B
Shares Out 1.14B
EPS (ttm) 2.29
PE Ratio 33.20
Forward PE 30.85
Dividend 1.98 (2.60%)
Ex-Dividend Date Feb 25, 2025
Volume 2,909,720
Average Volume 1,446,410
Open 76.86
Previous Close 77.62
Day's Range 74.98 - 77.00
52-Week Range 63.06 - 79.43
Beta 0.86
RSI 51.49
Earnings Date Feb 19, 2025

About Wesfarmers

Wesfarmers Limited engages in the retail business in Australia, New Zealand, and internationally. It sells outdoor living and building materials, as well as home, garden, and lifestyle improvement products; apparel and general merchandise, including toys and consumables, as well as leisure, entertainment, and soft home products; and office products and solutions, such as stationery, technology, furniture, art supplies, and learning and development resources, as well as print and create, and technical support services through its Officeworks sto... [Read more]

Founded 1914
Employees 120,000
Stock Exchange Australian Securities Exchange
Ticker Symbol WES
Full Company Profile

Financial Performance

In 2024, Wesfarmers's revenue was 44.19 billion, an increase of 1.47% compared to the previous year's 43.55 billion. Earnings were 2.56 billion, an increase of 3.73%.

Financial Statements

News

Australia's Wesfarmers sees tariff inflation risk as profit beats forecast

Australia's biggest non-food retailer Wesfarmers said it may raise prices as a soft local dollar drives up supply costs and warned on Thursday that tariffs ordered by U.S. President Donald Trump may s...

2 days ago - Reuters

Guzman, Wesfarmers to deliver upbeat earnings for Australian discretionary retailers

Australia's discretionary retailers are expected to report improved half-yearly earnings, investors said, as easing inflation and tax cuts encouraged weary consumers to start spending again.

3 days ago - Reuters

ASX 200 LIVE: Australian shares open higher. Wesfarmers jumps. IGO shuts Kwinana lithium plant. Rio Tinto iron ore exports hit. Retail stocks rally.

Shares edge up; bitcoin slips; Boeing profits hammered; Rio’s iron ore port hit; IGO Kwinana losses; 4DMedical’s Qscan deal; Synlait’s “return to profit”.

4 weeks ago - The Australian Financial Review

Catch, Australian online retailer owned by Wesfarmers, to shut down; 190 jobs to be axed

Catch, an Australian e-commerce platform acquired by Wesfarmers in 2019, will close down, leading to about 200 job losses due to tough competition from Amazon and Temu. The logistics centres will be t...

4 weeks ago - The Times of India

Why Wesfarmers killed Catch.com.au

For a brief moment, it seemed Wesfarmers had found a winner when it bought online retail pioneer Catch Group. But it got two things wrong.

4 weeks ago - The Australian Financial Review

Wesfarmers to shut Catch amid stiff competition from Temu, Amazon

The rise of big international retailers has prompted company boss Rob Scott to wind down the loss-making marketplace, saying it’s the “right thing for shareholders”.

4 weeks ago - The Australian Financial Review

Wesfarmers (WES) Sells Coregas for AUD 770 Million to Nippon Sanso

Wesfarmers (WES) Sells Coregas for AUD 770 Million to Nippon Sanso

2 months ago - GuruFocus

Wesfarmers to sell Coregas to Japan's Nippon Sanso for $480 mln

Australian conglomerate Wesfarmers on Friday said it would sell its industrial gas supply arm, Coregas, to Japanese multinational firm Nippon Sanso for A$770 million ($480.33 million).

2 months ago - Reuters

Wesfarmers to Sell Coregas to Nippon Sanso for $480 Million

Wesfarmers Ltd. will sell its Coregas industrial gas unit to a subsidiary of Nippon Sanso Holdings Corp. for A$770 million ($480 million).

2 months ago - BNN Bloomberg

ASX 200 LIVE: Australian sharemarket falls despite Wall Street’s gains. Bitcoin drops below $100,000. Wesfarmers sells Coregas business.

Australian shares dip. CBA hits one-month low. Wesfarmers’ $770m Coregas sale. Ventia and Telstra in tie-up. Bitcoin drops. Follow updates here.

2 months ago - The Australian Financial Review

Wesfarmers shuffles the decks to double down on Kmart, Anko Global

The move involves the department store’s CFO, Aleksandra Spaseska, being elevated to the top job. Her predecessor will focus on expanding the Anko brand.

2 months ago - The Australian Financial Review

Wesfarmers CEO: ‘We can’t just wait around for rates to fall’

As Rob Scott says goodbye to an unsung hero of his own investment success, he says Australia’s tepid GDP growth can be a rallying point for the private sector.

2 months ago - The Australian Financial Review

Don’t play politics with big business, warns Wesfarmers chairman

The prominent businessman said politicians should acknowledge that large companies are a “vital part of the economy” and “generate enormous benefits”.

4 months ago - The Australian Financial Review

The art of Kmart: why the discount retailer is thriving while rivals such as Big W struggle

After a years-long transformation, Kmart Group is delivering supercharged profits for owners Wesfarmers, much to the envy and dismay of others Get our breaking news email , free app or daily news podc...

4 months ago - The Guardian

Lithium Miners News For The Month Of October 2024

Lithium prices were flat the past month. Lithium market news - The US government is reportedly examining price support mechanisms for domestic critical mineral projects. BloombergNEF forecasts lithium...

4 months ago - Seeking Alpha

Ballarat’s Vitrafy Life Sciences preps IPO bookbuild for $117.5m float

IPO hopeful Vitrafy is led by Wesfarmers non-executive director and former Virtus Health boss Kate Munnings.

4 months ago - The Australian Financial Review

Wesfarmers CEO Sees Caution from Australian Households

Australia's weak consumption has been weighing on the nation's economic growth, with last week's GDP numbers showing consumer spending slowing to a crawl in the June quarter. Wesfarmers is Australia's...

5 months ago - Bloomberg Markets and Finance

Wesfarmers reports FY results

6 months ago - Seeking Alpha

Watch CNBC's full interview with Wesfarmers CEO

Rob Scott, managing director and CEO at the Australian conglomerate, discusses its 2024 full-year results.

6 months ago - CNBC International TV

Watch CNBC's full interview with Wesfarmers CEO

Rob Scott, managing director and CEO at the Australian conglomerate, discusses its 2024 full-year results.

6 months ago - CNBC

ASX 200 LIVE: ASX to fall; Nvidia revenue forecast disappoints; Air NZ profits hit

Australian shares are set to open lower. Nvidia’s revenue to surge at a slower pace in the third quarter. Qantas, Wesfarmers to report. Follow updates here.

6 months ago - The Australian Financial Review

Wesfarmers wants slice of retail media boom for Bunnings, Officeworks

The hardware and stationery giants have plans to enter the novel sector, joining Woolworths and Coles.

6 months ago - The Australian Financial Review