Warehouse Group CEO's profit 'hobby horse' jumps 380bp
UPDATE: Nick Grayston says pricing and cost initiatives pay dividends despite lockdowns.
Will Mace Wed, 29 Sep 2021
Improvements in inventory management, pricing policy, and costs of doing business have led to a 380 basis point year-on-year jump in The Warehouse Group’s gross profit margin – a measure CEO Nick Grayston calls his “hobby horse”.
Looking further back to before Covid-19, the margin sat
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