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Warehouse Group Ltd (WHS.NZ)

WHS.NZ on New Zealand Stock Exchange

2.13NZD
17 Oct 2017
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Latest Key Developments (Source: Significant Developments)

Warehouse Group says FY profit attributable $20.429 mln, down 73.9 pct
Thursday, 21 Sep 2017 04:31pm EDT 

Sept 22 (Reuters) - Warehouse Group Ltd ::FY continuing revenue $2,980.771 million versus $2,924.682 million in 2016.FY profit attributable $20.429 million, down 73.9 percent.Final dividend 6.0 cents per share.All figures in NZ$.Changes to group's operating model resulted in a net reduction of 143 non-store based roles.Annualised cost savings due to changes to co's operating model are expected to total $17 million of which 70 percent relates to salary costs.  Full Article

Warehouse Group posts Q3 group sales of NZ$683.5 mln
Thursday, 11 May 2017 04:32pm EDT 

May 12 (Reuters) - Warehouse Group Ltd ::Same store sales for 'The Warehouse' increased 2.7 percent in quarter .Group retail sales for Q3 ending April 30th of $683.5m, up $11.3m.Says group sales for Q3 of $683.5 million, up 1.7% on same quarter last year.Q3 sales results are in-line with expectations and consequently our full year profit guidance remains unchanged.All figures in NZ$.  Full Article

The Warehouse Group announces sale of Newmarket Property
Monday, 17 Apr 2017 05:15pm EDT 

April 18 (Reuters) - Warehouse Group Ltd -:Sale of Newmarket Property.Entered into an unconditional contract to sell its Newmarket Property in Auckland.Sale proceeds of $65 million will generate a pre-tax gain of approximately $12 million.Settlement of property sale is expected to be completed in July 2017.Proceeds will be used to reduce debt.  Full Article

Warehouse Group posts HY NPAT of NZ$13.6 mln
Wednesday, 8 Mar 2017 02:31pm EST 

Warehouse Group Ltd : Reported net profit after tax for HY was NZ$13.6 million . HY revenue from ordinary activities NZ$1.62 billion, up 3.4 percent . Expect second half performance to be marginally below that of second half of last financial year . Declared interim dividend of 10.00 cents per share .Expected adjusted net profit after tax for year is between NZ$54.0 million and NZ$58.0 million.  Full Article

The Warehouse Group Ltd appoints Donna Cooper as CEO
Wednesday, 18 Jan 2017 09:27pm EST 

Warehouse Group Ltd : Warehouse financial services - appointment of CEO .Appoints Donna Cooper as chief executive officer.  Full Article

Warehouse Group announces changes to its business operating model
Monday, 9 Jan 2017 02:31pm EST 

Warehouse Group Ltd : announced a series of changes to its business operating model. . warehouse limited's chief executive officer, simon turner, has decided to leave business. .pejman okhovat, ceo of warehouse stationery and torpedo7 group, will lead warehouse and warehouse stationery brands.  Full Article

Warehouse Group posts full-year net profit of NZ$78.338 mln
Thursday, 22 Sep 2016 04:34pm EDT 

Warehouse Group Ltd : Final dividend 5.0 CPS . Dividend policy going forward is unchanged at between 75-85% of retail adjusted net profit after tax . FY profit attributable to parent shareholders $78.338 million versus $52.433 million in 2015 . FY revenue $2.95 billion versus $2.78 billion in 2015, an increase of 6.1% . FY17 earnings will be significantly influenced by christmas trading performance . Current business performance should ensure that adjusted npat for group in FY17 is above that recorded in FY16 .All figures in NZ$.  Full Article

Warehouse Group appoints Joan Withers as the next chair
Thursday, 30 Jun 2016 05:07pm EDT 

Warehouse Group Ltd : Appoints Joan Withers as a director and the next chair of the Warehouse Group Limited .  Full Article

Warehouse Group says Q3 retail sales up 5.5%
Thursday, 12 May 2016 04:32pm EDT 

Warehouse Group Ltd : Group retail sales for the third quarter ending May 1st of NZ$672.2M up 5.5% .  Full Article