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The Warehouse. The Warehouse sales were $1.8 billion in FY24, down 5.3% against the last financial year. Despite the decreased sales, The Warehouse gross profit margin percentage held up, increasing 10 basis points on the prior year. Store foot traffic and same store sales decreased at a slower rate than headline sales at 2.2% and 2.9% ...
The Warehouse Group (TWG) is a New Zealand success story, founded by Sir Stephen Tindall and evolved from a single The Warehouse store to become one of the largest retailing groups in New Zealand with $3 billion in sales.
The Warehouse Group (TWG) [7] was established by Stephen Tindall in 1982 and is the largest retail group in operation in New Zealand. It is a corporate conglomerate that consists of The Warehouse, Warehouse Stationery and Noel Leeming. History. "The Warehouse" logo used up to 2006. No stores in New Zealand use this version anymore.
5 days ago · The Warehouse Group has revealed its latest annual results, with sales falling from $3.4 billion to $3 billion. Sales for The Warehouse were $1.8b, down 5.3% year-on-year, Warehouse Stationery was ...
5 days ago · The group’s operating profit (EBIT) was $28.9 million, and adjusted net profit after tax was $18.9 million, compared to $57.4 million in FY23. “We have reset the group strategy, divested unprofitable businesses, and moved away from the ecosystem strategy to a retail-led strategy focused on trading our core brands, The Warehouse, Warehouse Stationery and Noel Leeming,” said Journee.
5 days ago · Major retailer The Warehouse Group has reported a large loss, which the company says reflects one of its toughest years on record. Key numbers for the 12 months ended July compared with a year ago: Net loss $54.2m vs $29.8m profit. Sales revenue $3.0b vs $3.24b. Adjusted profit $18.9m vs $57.4m.
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