ASX:WESMultiline Retail
Will Rising Revenue but Softer Earnings Shift Wesfarmers' (ASX:WES) Investment Narrative?
Wesfarmers Limited has released its full-year results for the period ended June 30, 2026, reporting A$47,274 million in sales, up from A$45,700 million a year earlier, while net income edged down to A$2,874 million from A$2,926 million and basic earnings per share from continuing operations eased to A$2.534 from A$2.58.
The combination of higher revenue but slightly lower profit and earnings per share highlights increasing cost or margin pressures that may be affecting the quality of...