SYDNEY, Feb 17, 2026, 17:28 AEDT — Market closed
- Wesfarmers closed Tuesday at A$88.98, up 0.3%.
- Wesfarmers’ half-year numbers land Feb. 19, and investors are already staking out their positions.
- Investors are zeroed in on retail demand at Bunnings and Kmart, plus any word on how second-half trading is shaping up.
Shares of Wesfarmers Ltd (WES.AX) edged 0.3% higher to A$88.98 on Tuesday. Investors seemed to brush off the day’s trading action, keeping their attention on the retailer’s upcoming half-year results later this week. (Wesfarmers)
Big player in Australian retail and consumer—think Bunnings, Kmart, Officeworks—the group covers a lot of ground. A half-year update landing right on top of reporting season peak can jolt expectations quickly, even though the stock hasn’t shown much movement.
This snapshot lands as traders look for clues about the consumer heading into the back half, and wonder if markdowns are starting to take a bite out of margins. Hold steady, and the stock’s sluggish crawl probably continues. Miss on sales or guidance, though, and that changes fast.
The S&P/ASX 200 ticked up 0.24% on Tuesday, according to data. Wesfarmers saw roughly 934,000 shares move, with the stock fluctuating from A$88.15 to as high as A$89.47. JB Hi-Fi surged over 8%, a reminder of just how sharply retail stocks can react to earnings. (Investing.com Australia)
Wesfarmers shares have added roughly 3.2% in the last week and edged up another 0.3% from Tuesday’s open, market data from Intelligent Investor show. (Intelligent Investor)
Wesfarmers faces the usual set of questions: what’s happening with Bunnings’ trade demand, whether Kmart’s managing to keep prices and volumes steady, and if Officeworks is finally finding its footing after some turbulence in discretionary spending. Costs are still in focus — shifts in wages, freight, or rent can rewrite the narrative, regardless of what’s showing up in the sales numbers.
Sheldon Renkema, executive general manager, told the Australian Securities Exchange in a Jan. 19 notice that half-year results are set for release on Thursday, 19 February 2026. The analyst call’s scheduled for 10:00 a.m. AWST, or 1:00 p.m. AEDT. (Company Announcements)
Dividend chatter is likely to linger around the result. Investors usually zero in on cash generation, capital allocation, and just how fast management is putting money back into the portfolio—details that can all sway how the market values what comes next for shareholders.
But there’s risk here, too. If competition ramps up, promotions get steeper, or management strikes a cautious note about the back half, shares could easily slip from the A$90 zone—especially after the latest rally.
Looking ahead, the next notable mover is Thursday—Wesfarmers drops its half-year report and holds a briefing, both flagged on its results and presentations page. The webcast link for the event is already live. (Wesfarmers)