Wesfarmers is one of Australia’s largest listed companies. It’s a diversified conglomerate that owns several major retail and industrial businesses.

Founded: 1914 (Western Australia Farmers Cooperative)
Headquarters: Perth, Australia
Listed on: ASX (Ticker: WES)

 Main Businesses

Wesfarmers mainly operates in retail plus some industrial & chemicals operations.

Retail (Biggest Profit Driver)

Bunnings Warehouse

• Largest hardware chain in Australia & NZ
• Sells DIY, tools, garden, building materials
• Strong profit margins
• Dominates home improvement market

Bunnings is the engine of Wesfarmers’ profits.

Kmart Australia

• Discount department store
• Private-label strategy
• Very strong turnaround success story

Officeworks

• Office supplies & tech
• Strong online + business customers

Target Australia

• Restructured and downsized
• Now more focused and lean

 Chemicals, Energy & Fertilisers

CSBP

• Fertilisers
• Industrial chemicals
• Explosives materials

Less exciting than retail, but steady cash generator.

 How Wesfarmers Makes Money

Revenue comes from:

• Retail sales (majority)
• Chemicals & industrial products

Key strengths:

• Strong brands
• Scale advantage
• Efficient supply chain
• Smart capital allocation