WES 0.13% $67.90 wesfarmers limited

Thumping second half revenue. Result looks strong to me,...

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    Thumping second half revenue. Result looks strong to me, stronger than I expected anyway. Some of the change in NPAT from pcp is masked by inventory build and increased employee leave entitlement utilisation. So the result is even better than its initial appearance.

    Pleasing to see Kmart and Target trending nicely and Bunnings doing what it always does.

    Who knows what the market will do, but from a company perspective WES should get a pat on the back as this was a strong bounce back from a covid ravaged first half.
 
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