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Warehouse warns of reduced profits, sales

Covid has led to more online sales and consequently lower margins, company says.

Dita De Boni Mon, 10 Jan 2022

Covid lockdowns have taken a bite out of sales generally, while a spike in online sales has dented margins at The Warehouse Group, the listed retailer has told the NZX.

As a result, both sales and profits will likely be down this half year, with an $80m or so drop in sales compared to the same

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Dita De Boni Mon, 10 Jan 2022
Contact the Writer: dita@nbr.co.nz
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Warehouse warns of reduced profits, sales
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