EarningsQ4 2026 Earnings Report
MX:WESN Q4 2026 EPS Results
Actual EPS$13.72
Consensus EPS$13.06
Beat/MissBeat by +$0.66
One Year Ago EPS$12.78
MX:WESN Q4 2026 Revenue Results
Actual Revenue$280.99B
Expected Revenue$281.10B
Beat/MissMissed by -$112.43M
YoY Revenue Growth+3.86%
Earnings Announcement Details
QuarterQ4 2026
Date08/26/2026
TimeAfter Close
Conference CallWednesday, August 26, 2026
MX:WESN Upcoming Earnings
Wesfarmers Limited's next earnings date is estimated for February 17, 2027, based on past reporting schedules.
Q4 2026 Earnings Call Audio
MX:WESN Q4 2026 Earnings Call
0:00 / 0:00
Q4 2026 Earnings Slide Deck
Q4 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
Overall the call conveyed solid operational and financial momentum: group profit and divisional earnings grew, free cash flow rose materially and strategic initiatives (marketplace, retail media, lithium expansion, health and new store formats) are progressing. Management acknowledged near‑term headwinds — Officeworks transformation costs, working capital investments, rising finance costs, raw‑material inflation and lithium refinery execution risks — but presented these as largely manageable within a resilient portfolio and disciplined capital allocation approach. On balance the positive financial outcomes, portfolio progress and strong cash generation outweigh the challenges called out.Company Guidance
Group Profit Growth and Dividend Increase
Reported net profit after tax of $2.9 billion, an increase of 8.3% (ex‑prior significant items). Final dividend of $1.20 per share; total dividend $2.22 per share, a 7.8% increase year‑on‑year, fully franked.
Divisional Earnings and Broad-Based Sales Growth
Divisional earnings increased 6.2% for the year with sales growth across all divisions. Retail businesses delivered transaction growth supported by everyday low‑price models and operating leverage (earnings growing faster than sales).
Strong Performance at WesCEF
WesCEF earnings rose 18.5% to $473 million, driven by higher prices for nitrogen products and spodumene concentrate; Lithium (Mt Holland) delivered its first positive earnings (profit of $40 million).
Bunnings and Kmart Group Results
Bunnings: sales growth of 3.9% and earnings (ex property contributions) of $2.45 billion, up 5%. Kmart Group: earnings of $1.1 billion, up 6%, supported by product innovation and disciplined cost control.
Free Cash Flow and Capital Discipline
Free cash flow increased 15.8% to $4.0 billion; retail cash realization remained strong at 99%. Net capital expenditure reduced 29% to $779 million (net) for the year despite gross CapEx of $1.2 billion (+4.1%).
Marketplace and Retail Media Momentum
Marketplace GMV across Bunnings and Kmart exceeded $250 million; Bunnings marketplace grew more than 25% (management later cited ~30% last FY) and marketplace now ~310k SKUs with 616 partners. Retail media pilot progress and early adoption across divisions noted.
Health and Priceline Growth
Wesfarmers Health earnings (ex PPA) increased 12.2% to $92 million. Priceline Pharmacy headline network sales grew 12.7%; digital sales and app launch supporting growth.
Sustainability and Workforce Progress
Group Scope 1 & 2 market‑based emissions reduced by over 20% (retail divisions achieved 100% renewable electricity in 2025 calendar year). Group TRIFR improved from 9.5 to 9.1; WesCEF TRIFR recorded 0.6. Indigenous employment steady at 4% of Australian team members.
MX:WESN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed