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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
3 mins to read

The Warehouse lifts annual earnings guidance but still up to 15% below last year

It plans to write off $25.6m of goodwill relating to Torpedo7, which it bought in 2013.

Calida Stuart-Menteath
Fri, 31 Aug 2018

The Warehouse Group expects its full-year profit to be higher than previously indicated but it intends to write off the goodwill in its Torpedo7 business.

The retailer has revised its adjusted net profit after tax guidance for the year to July 29 to $58m-59.5m, which is about 10% higher than the

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Calida Stuart-Menteath
Fri, 31 Aug 2018
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The Warehouse lifts annual earnings guidance but still up to 15% below last year
General Business,
76311
true