Wesfarmers Ltd

WES: XASX (AUS)
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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.

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