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ASX share review: Wesfarmers Ltd (ASX: WES)

Wesfarmers Ltd (ASX: WES) is one of the largest listed companies in Australia with over 500,000 shareholders. In this episode of The Australian Finance Podcast, Kate Campbell and Owen Rask discuss what Wesfarmers does, the management team and take a look at the financials.

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Wesfarmers Ltd (ASX: WES) is one of the largest listed companies in Australia with over 500,000 shareholders. It’s also probably a company you own through your Australian shares ETF or through your super.

Kate & Owen provide a high level overview of WES, including what they do, some of their key business units (including Bunnings & Kmart) and the management team, alongside a quick walkthrough of some of the financials.

“The primary objective of Wesfarmers is to provide a satisfactory return to its shareholders.” ~Wesfarmers Website

PLEASE NOTE: This is not a recommendation from Kate, Owen or the Rask Team. We have no previous or current recommendations on WES, and the data was sourced on 06/04/2023.

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General Financial Advice warning

The information on this website is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) and Target Market Determination before making a decision to acquire any financial product. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.

“Rask Invest” is considered a financial product and has a Product Disclosure Statement (PDS) and Target Market Determination (TMD), issued by InvestSMART. These documents can be accessed on the Rask Invest website. Please seek professional advice before making any investment decision with respect to Rask Invest. 

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