• Revenue up 3.1% to $24.2b, NPAT up 9.3% to $1.6b
• Productivity initiatives supported reinvestment in price and mitigated cost pressures
• Continued focus on long-term sustainability and climate resilience

Wesfarmers reported a strong operational performance in the 2026 half-year, with revenue up 3.1% to $24.2 billion and NPAT up 9.3% to $1.6 billion. The results reflect strong earnings contributions from the largest divisions - Bunnings, Kmart Group, and WesCEF. Productivity initiatives helped the company navigate ongoing challenging market conditions, allowing it to reinvest in price and keep prices low for customers. Wesfarmers continued to digitise operations to improve efficiency and customer experience. The company maintained its focus on long-term shareholder value creation, leveraging investments in new technologies to accelerate existing strategies and build long-term sustainability and climate resilience. Across the divisions, there was sales growth in consumer and commercial segments, with Bunnings, Kmart Group, and Wesfarmers Health performing well. Officeworks was impacted by costs associated with its transformation program, while Industrial and Safety saw a decline in earnings, excluding the impact of the Coregas divestment. Wesfarmers' balance sheet remained strong, with significant flexibility and debt capacity. The company announced a $1.50 per share capital management initiative and a fully-franked interim dividend of $1.02 per share.

Wesfarmers expects FY26 net capital expenditure (excluding BPI sale proceeds) of between $1,000m and $1,300m, subject to net property investment and the timing of project expenditures.

Wesfarmers is well positioned to deliver long-term shareholder returns, supported by logical incremental investments, a strong balance sheet, and a portfolio of high-quality businesses with a unique mix of growth and resilience. The company is accelerating its growth and productivity agenda through a 'People-First, Digitally-Enabled' approach, leveraging strategic partnerships with global technology leaders to enhance the customer experience, support team member productivity and engagement, and drive long-term earnings growth.