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Hot Topic Hawke’s Bay
Investment
3 mins to read

Warehouse risks ‘brush up’ against banking covenants

Analysts also forecast the Kiwi retailer to hit pause on dividends until later in FY25.

The Warehouse Group could come close to breaching its interest cover covenant.

Kate McVicar Thu, 11 Jul 2024

The Warehouse Group is at risk of coming up against its bank covenants in the next financial year.

A report from Craigs Investment Partners by analyst Kieran Carling has outlined just how close the NZX-listed retailer could get to its interest cover covenant in the 2025 financial year.

The Warehouse

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Kate McVicar Thu, 11 Jul 2024
Contact the Writer: kate@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Warehouse Group The Warehouse Craigs Investment Partners Forsyth Barr Paul Laxton Koraua
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Company profile
Powered by: nzx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Related News
NBR Focus

Price Check: ‘Very nice profits, thank you very much’
Investment
7

Warehouse full-year ebit forecast to decline at least 64%
Investment

Warehouse sales slide as group reports third-quarter earnings
Last Word
13

Warehouse back to the basics ... again
Investment
6

Warehouse calls time on TheMarket to focus on core business
Investment
4

The Warehouse to exit TheMarket.com after 'sobering' $23.7m loss
Investment

Analysts ‘disappointed’ by ‘lack of consideration’ for Torpedo7

Investment
6

Torpedo7 sold for $1 by Warehouse Group

Warehouse risks ‘brush up’ against banking covenants
Investment,
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