The Warehouse: everyday low share prices

The Warehouse: everyday low share prices
The Warehouse's chief executive Nick Grayston and chair Joan Withers. (Image: The Warehouse)
Ella Somers
The Warehouse’s laggard share price was top of mind at its annual meeting for the second year in a row – but this year, it was the retailer’s chief executive and board who were at the front of the queue to decry its “disappointing” performance.“We are very conscious of the fact that shareholders will not be happy with where the share price currently sits or the fact that we did not declare an interim dividend,” chair Joan Withers told the 100 or so shareholders in attendance.Shares in The Warehouse have...

More Markets

NZ sharemarket rallies, ends day up 0.6%
Markets Market Close

NZ sharemarket rallies, ends day up 0.6%

The S&P/NZX 50 Index closed at 12,989.18, up 83.2 points or 0.64%.

Graham Skellern 14 Feb 2025
Toy entrepreneur quashes spec of NZME takeover
Finance

Toy entrepreneur quashes spec of NZME takeover

Zuru founder Nick Mowbray says a report speculating he could take over private media company NZME is wrong. On Friday morning, The Australian’s Data Room said “some wealthy Kiwis” were plotting to do something about the state of New Zealand’s media industry and cited Mowbray as a...

Victoria Young 14 Feb 2025
Below-normal rainfall sees NZ hydro storage drop to 91%
Markets

Below-normal rainfall sees NZ hydro storage drop to 91%

Last month was the second-driest January on record.

Staff reporters 14 Feb 2025
Gentailers' earnings: Don't look back in anger
Markets

Gentailers' earnings: Don't look back in anger

Reporting season will be about the winter past and the winter to come.

Ian Llewellyn 14 Feb 2025