Wesfarmers reports FY26 profit growth and increased dividends

Wesfarmers FY26 results Bunnings Kmart dividend payout

Wesfarmers has reported its financial results for the 2026 fiscal year, highlighted by revenue growth of 3.4% to $47.2 billion and an 8.3% increase in underlying net profit to $2.7 billion. The growth was primarily driven by the strong performance of its core retail divisions, Bunnings and Kmart.

Bunnings saw revenue rise 4.1% to $20.4 billion, while Kmart sales increased 2.8% to $11.7 billion. In contrast, Officeworks experienced a 22.2% decline in earnings due to transformation program costs. The Wesfarmers Health division saw a 9.1% revenue increase, and the WesCEF division reported a significant earnings uplift, aided by the lithium division.

Following these results, the board declared a final dividend of $1.20 per share, bringing the total annual dividend for FY26 to $2.22 per share, a 7.8% increase year-over-year.

In leadership news, Bunnings Group Managing Director Michael Schneider announced his intention to retire next February. He will be succeeded by Rachael McVitty, the current group chief customer officer.

Entities

Bunnings · Kmart · Michael Schneider · Rachael McVitty · Wesfarmers

Claims

What the coverage asserts, and how many sources carry each claim.

[● 2 SOURCES] Bunnings revenue increased 4.1% to $20.4 billion. insidefmcg.com.au · www.raskmedia.com.au
[○ 1 SOURCE] Rachael McVitty has been appointed as the successor to Michael Schneider. insidefmcg.com.au
[● 2 SOURCES] Wesfarmers reported revenue growth of 3.4% to $47.2 billion for the fiscal year ended June 30, 2026. insidefmcg.com.au · www.raskmedia.com.au
[● 2 SOURCES] The total annual dividend for the 2026 financial year is $2.22 per share. www.fool.com.au · www.raskmedia.com.au
[○ 1 SOURCE] The board declared an FY26 final dividend of $1.20 per share. www.fool.com.au
[○ 1 SOURCE] Bunnings Group Managing Director Michael Schneider will retire in February. insidefmcg.com.au
[● 2 SOURCES] Kmart sales rose 2.8% to $11.7 billion. insidefmcg.com.au · www.raskmedia.com.au
[● 2 SOURCES] Underlying net profit grew 8.3% to $2.7 billion. insidefmcg.com.au · www.raskmedia.com.au

Sources

Wesfarmers Limited (WFAFY) Q4 2026 Earnings Call Transcript [thebusinesstimes.co.uk]

16 days ago

WAM Alternative Assets Reports Strong Portfolio Performance and Increased Dividend [www.finnewsnetwork.com.au]

15 days ago

WAM Alternative Assets Reports Strong Portfolio Performance and Increased Dividend [www.sharecafe.com.au]

15 days ago

Everything you need to know about the Wesfarmers dividend [www.fool.com.au]

16 days ago

Wesfarmers posts sales, profit growth on continued strength at Bunnings, Kmart [insidefmcg.com.au]

16 days ago

Kmart to rollout more K Home and Philippines stores [www.perthnow.com.au]

16 days ago

Wesfarmers (ASX:WES) share price in focus on 8% profit growth in FY26 result [www.raskmedia.com.au]

16 days ago