Wesfarmers Limited operates in the Department stores sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Wesfarmers Limited with three other
department stores in Australasia:
The Reject Shop Ltd
(2017
sales of 794.04 million Australian Dollars [US$607.99 million]
of which 100%
was Merchandise Retailing),
Myer Holdings Limited
(2.64 billion Australian Dollars [US$2.02 billion]
of which 100%
was Department Store), and
iBuyNew Group Ltd
(3.70 million Australian Dollars [US$2.84 million]
).
Sales Analysis.
Wesfarmers Limited reported sales of A$68.44 billion (US$52.41 billion)
for the
fiscal
year ending
June of 2017.
This
represents
an
increase of 3.7%
versus 2016, when the company's sales were A$65.98 billion.
Sales at Wesfarmers Limited have increased during each of the previous five years
(and since 2012, sales have increased a total of 18%).
Sales of Resources saw an increase
that was more than double the company's growth rate: sales were up
73.2% in 2017, from
A$1.01 billion to A$1.75 billion.
Wesfarmers Limited also saw significant increases in sales in
Home Improvements/hardware and Forest Prod (up 17.4% to A$13.59 billion)
and
Kmart (up 7.5% to A$5.58 billion)
and
Officeworks (up 6.1% to A$1.96 billion)
.
Not all segments of Wesfarmers Limited experienced an increase in sales in 2017:
sales of Target fell 14.6% to A$2.95 billion.
Wesfarmers Limited also experienced decreases in sales in
Coles (down 0.1% to A$39.22 billion)
and
Industrial and Safety Distribution (down 3.7% to A$1.78 billion)
and
Chemicals, Energy and Fertilisers (down 9.9% to A$1.64 billion)
.