Goldman projects Wesfarmers will deliver a '10% EPS CAGR between FY24-27, the highest among the top five consumer companies in our coverage.' The company is also expected to lead in ROIC expansion, ...
After adding online ordering and remaking its loyalty program and app, the chain has had double-digit same-store sales growth and strong new unit expansion.
The business has successfully expanded its share in a highly fragmented market from 4% in 2007 to 11% in 2024 in the US through a combination of its “cluster” strategy and bolt-on acquisitions.