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. 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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DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.

Full individual disclosures for each guest are available via the show notes page. Owen, Kate and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.

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