Wesfarmers Ltd (ASX:WES) is a 100-year-old conglomerate which at various times has owned and operated some of Australia’s largest retail brands such as Kmart, Target and more. Today, its largest business is Bunnings Warehouse, the number-one DIY home improvement business.
Wesfarmers Ltd (ASX:WES) shares could be a buy after the diversified retail business announced more growth in FY21.
Investment Analyst Owen Raszkiewicz and Financial Adviser Drew Meredith of Wattle Partners talk about reports from BNPL stocks Afterpay Ltd (ASX: APT), Zip Co Ltd (ASX: Z1P), FlexiGroup Ltd (ASX: FXL) and QuickFee Ltd (ASX: QFE), including whether to buy, hold or sell.
It has been a very interesting reporting season for plenty of ASX shares so far. Is 2021 going to see a reversal of these great profit numbers?
Wesfarmers Ltd (ASX: WES) delivered its financial year result earlier today, reporting a 10.5% increase in revenue from continuing operations — that is, excluding Coles Group Ltd (ASX: COL — and an 8.2% increase in net profit to $2.08 billion.
Retail conglomerate Wesfarmers Ltd (ASX:WES) has reported a solid FY20 profit result which saw $2 billion of ordinary profit generated.
I’m looking forward to reading a number of results during this reporting season. It will give an indication how things are going during this COVID-19 period.
ASX blue chips have attracted investors for decades. But are they even worth investing in these days?
BWP Trust (ASX: BWP) has reported its FY20 result to investors, revealing revenue and distribution growth despite the challenges presented by COVID-19.
Wesfarmers (ASX:WES) has announced what the trading restrictions in Victoria mean for its operating businesses.
