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Warehouse Trims Loss to $2.8m but Operating Profit Slumps
The Warehouse Group narrowed its net loss to $2.76 million from $54.2 million last year despite mixed sales and below-target profitability, the company said.
Summary by NZ Herald
4 Articles
4 Articles
Warehouse Group Sees Loss But Signs Of Recovery
The Warehouse Group has reported a net loss of $2.8 million for the 2025 financial year, though the retail giant says there are early signs of recovery following a challenging period.The result marks a significant improvement from the previous year’s $54.2 million loss. Group sales rose 1.6 percent to $3.1 billion, though they were flat when adjusted for same-store sales over the 52-week year.Chief executive Mark Stirton, who stepped into the ro…
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Total News Sources4
Leaning Left0Leaning Right0Center2Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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