Wesfarmers Limited (ASX: WES)
Australia
· Delayed Price · Currency is AUD | Market Cap | 73.56B |
| Revenue (ttm) | 43.54B |
| Net Income (ttm) | 2.51B |
| Shares Out | 1.13B |
| EPS (ttm) | 2.21 |
| PE Ratio | 29.33 |
| Forward PE | 27.40 |
| Dividend | 1.94 (2.99%) |
| Ex-Dividend Date | Feb 20, 2024 |
| Volume | 1,136,736 |
| Open | 65.20 |
| Previous Close | 65.50 |
| Day's Range | 64.57 - 65.20 |
| 52-Week Range | 46.64 - 68.55 |
| Beta | 0.77 |
| Analysts | n/a |
| Price Target | 58.97 (-9.02%) |
| Earnings Date | Feb 15, 2024 |
About Wesfarmers
Wesfarmers Limited engages in the retail business in Australia, New Zealand, and internationally. The company is involved in the retail sale of building materials, home and garden improvement, lifestyle, and outdoor living products; apparel and general merchandise, including toys, leisure, entertainment, home, and consumables; 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 store... [Read more]
Financial Performance
In 2023, Wesfarmers's revenue was 43.42 billion, an increase of 18.37% compared to the previous year's 36.68 billion. Earnings were 2.47 billion, an increase of 4.80%.
Financial StatementsNews
Australia’s richest firms get $331m in grants to reduce emissions
The government has doled out $331 million to firms including Rio Tinto, Wesfarmers, Swiss giant Glencore and Rich Lister Dick Honan’s Manildra for decarbonisation projects.
Yes campaign groups received more than five times as much in donations as no side in voice referendum
The single largest donor to the yes campaign was the philanthropic Paul Ramsay foundation, which contributed more than $7m Follow our Australia news live blog for latest updates Get our morning and af...
Wesfarmers Limited goes ex dividend Monday
Wesfarmers Limited (WFAFF) Q2 2024 Earnings Call Transcript
Wesfarmers reports 1H results
Wesfarmers's First-Half Profit Boosted by Retail
Australian industrial-retail conglomerate Wesfarmers said its half-year profit rose by 3%, reflecting a strong performance in retail but a drag from lower commodity prices.
Wesfarmers concedes it won’t make money off lithium at current prices
CEO Rob Scott warned Wesfarmers will consider an impairment against its lithium asset, at the same time as BHP wiped $US3.5 billion off its WA nickel operation.
Australia's Wesfarmers first-half profit jumps 3% on strong demand
Australia's Wesfarmers on Thursday posted a better-than-expected half-year profit, boosted by strong performance at its budget department store operator Kmart and hardware business Bunnings.
ASX to rise amid earnings blitz; Wall St recovers
Welcome to the Trading Day blog for Thursday, February 15. ASX 200 to track Wall Street’s recovery. Wesfarmers, Origin, Telstra headline busy earnings day. Uber rockets on first buyback plan. Bitcoin ...
Wesfarmers profit results ‘the one to watch’
Sky News Business Editor Ross Greenwood says Wesfarmers’ profit results are “the one to watch”. Their results are set to be released on Thursday. “Because we’ve seen James Hardie yesterday, which make...
Australian Firms Face Earnings Test After RBA Keeps Rate at 12-Year High
Commonwealth Bank of Australia, Wesfarmers Ltd. and Telstra Group Ltd. will offer a broad snapshot of how Australian companies are faring in an environment of high interest rates when they report earn...
Strike chief lashes Wesfarmers as tensions build over WA gas
Strike Energy’s chief executive has criticised Wesfarmers for rallying against the WA government’s potential move to overturn an onshore gas export ban.
CEOs ‘back tax summit 100pc’ but Chalmers unmoved
Wesfarmers boss Rob Scott, retailer Gerry Harvey and Virgin chairman Graham Bradley have backed a national summit to jumpstart debate on tax reform.
Health, the new frontier for Wesfarmers, Woolworths
Wesfarmers and Woolworths are uniquely positioned to disrupt the health sector by building ecosystems in partnership with insurers and care providers, says Jarden.
CEOs say climate-based reporting will leave nothing behind
The evolution of such disclosure took 15 years but it will broaden out in the next five years say the bosses of Blackmores, Woolworths and Wesfarmers.
Wesfarmers says sales holding up, hits out at IR laws
Wesfarmers chief executive Rob Scott says cautious consumers continue to be wary about making big-ticket purchases at its hardware retail giant Bunnings, opting for smaller outlays on repair and maint...
Wesfarmers says Bunnings, Kmart trade holding up
CEO Rob Scott told investors at the AGM that strong financial results have continued at Kmart Group.
ANZ publicly confirms $2 million Voice to Parliament donation
ANZ has become the first major bank to publicly disclose donations towards an Indigenous Voice to Parliament. Chief Executive Shayne Elliott fronted a parliamentary committee on Wednesday where he dis...
The owner of Bunnings and Kmart is now in the prescriptions business, raising fears over patient data
Doctors and pharmacists concerned that Wesfarmers’ acquisition of InstantScripts could end the notion that ‘health data is sacrosanct’ Follow our Australia news live blog for latest updates Get our mo...
Australia's economy is still in 'good shape' despite inflation, says Wesfarmers CEO
Rob Scott, CEO and managing director at Wesfarmers, discusses how retailers are doing in Australia.
Wesfarmers posts drop in annual profit on COVID disruption
Australian retail conglomerate Wesfarmers Ltd posted a 2.9% drop in annual profit on Friday, hurt by COVID-driven store closures, sticky supply chain bottlenecks and rising costs.
Australia's Wesfarmers will not use inflation as an excuse for 'price gouging': CEO
Despite widespread inflationary pressure, Australian conglomerate Wesfarmers is focusing on keeping prices competitive, according to Managing Director Rob Scott.
Wesfarmers first-half profit dives as Omicron disrupts business
Australian retail conglomerate Wesfarmers Ltd on Thursday posted a 14.2% drop in first-half profit due to COVID-19 curbs and supply chain disruptions, and warned issues including labour constraints wi...
Wesfarmers growth showing no signs of slowing in 2021 and it's the same at Coles
Wesfarmers Ltd (ASX:WES) and Coles Group Ltd (ASX:COL) have benefited greatly from changing consumer trends thanks to the ongoing COVID-19 pandemic and are likely to continue their upward trajectory, ...