‘Disappointing’ – Forbarr keeps neutral rating for The Warehouse

‘Disappointing’ – Forbarr keeps neutral rating for The Warehouse
(Image: File)
Ella Somers
Analysts at wealth management firm Forsyth Barr say The Warehouse's full-year result was “disappointing” but still broadly in line with expectations.Forbarr analysts Margaret Bei and Andy Bowley said the disappointing operating result was primarily driven by a few factors, amongst them broad-based inflation, gross margin pressures, and the year-on-year revenue declines in all brands except The Warehouse. Increases in the cost of doing business from higher information system spending, depreciation, and lease costs had also i...

More Retail

Woolworths, Foodstuffs' Quin say divestment will lift prices
Retail

Woolworths, Foodstuffs' Quin say divestment will lift prices

An academic says claims that customers benefit from scale are overstated.

Gregor Thompson 31 Mar 2025
Supermarkets face break-up threat
Retail

Supermarkets face break-up threat

Forced and voluntary divestments are among potential outcomes.

Pattrick Smellie 30 Mar 2025
Australia momentum continues for Hallenstein Glasson
Retail

Australia momentum continues for Hallenstein Glasson

Glassons' sales in Australia are up 15.8%.

Gregor Thompson 28 Mar 2025
Cotton On NZ profits improve
Retail

Cotton On NZ profits improve

Company narrows gap between current liabilities and assets.

Gregor Thompson 28 Mar 2025