The Warehouse Group Reports Double Digit Decline in Revenue

  • May 09, 2020 NZST
  • Team Kalkine
The Warehouse Group Reports Double Digit Decline in Revenue

For the third quarter ended 26th April 2020, The Warehouse Group (NZX:WHS) reported unaudited retail sales of $586.3 million, down 17.9% compared to the same quarter last year.

Retail Sales for the third quarter by brand have been given below:

  • Warehouse Stationery registered sales of $64.5 million, down 9.8% on the same quarter last year;
  • Torpedo7 registered sales of $32.0 million, down 18.3% on the same quarter last year;
  • The Warehouse recorded sales of $297.3 million, down 23.0% on the same quarter last year;
  • Noel Leeming recorded sales of $193.5 million, down 10.9% on the same quarter last year.

The WHS stock was last noted trading at $2.180 per share, up by 0.93% from its previous close.

 


Disclaimer
The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. The above article is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) under discussion. Kalkine does not in any way endorse or recommend individuals, products or services that may be discussed on this site.

 

   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK