Wesfarmers Ltd
WES: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| rdv | LOCK|CQ | LOCK|>?$h&DZ |
Wesfarmers Earnings: Key Businesses Ticking Along, but Market Is Looking for More
Wesfarmers' first-half fiscal 2026 net profit after tax rose 9% to AUD 1.6 billion on 3% sales growth and better profit margins at its two largest businesses, Bunnings and Kmart. A rally in lithium prices helped turn a maiden profit at its new mine. The fully franked DPS is up 7% to AUD 1.02.
