‘Encouraging’: Warehouse Group Q3 sales up 2.2%

Red Shed sales rose 1.9% in the third quarter. (Image: NZME)

Thu, 08 May 2025

The Warehouse Group’s total sales rose 2.2% on year in the third quarter to $710.5 million compared with the same period last year. Interim chief executive John Journee, who has been in the job for nearly a year, said the three months ending April 27 were “an encouraging result”. “February sales performance was strong, while March and April sales showed softer trends; however, [it] still exceeded the same period last year,” he said. The company maintained previously signalled second-half earnings be...

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