Wesfarmers (ASX:WES) share price on watch after FY 2021 trading update // Motley Fool Australia

All eyes will be on the Wesfarmers Ltd (ASX: WES) share price this morning following the release of a trading update ahead of its virtual annual general meeting.

How is Wesfarmers performing in FY 2021?

This morning Wesfarmers’ Managing Director, Rob Scott revealed that the company has had a pleasing start to the year.

He commented: “Despite the challenging operating environment, the results across the Group’s retail businesses reflect their continued focus on meeting the changing needs of customers and delivering greater value, quality and convenience while providing safe and trusted environments for customers to shop.”

He notes that significant demand growth has continued in Bunnings, Officeworks, and Catch following the…