Reckoning or rebound? Forsyth Barr rates retailers ahead of earnings

Reckoning or rebound? Forsyth Barr rates retailers ahead of earnings
Retailers are having a tough time. (Image: File)
Gregor Thompson
Much of the action from the upcoming reporting season may already be out of the way, with Forsyth Barr describing February as a "confession" season.Over the next two weeks, New Zealand stock exchange-listed (NZX) retail companies – KMD Brands, Hallenstein Glasson (HLG) and Warehouse Group (WHS) – are all set to report their earnings.However, last month, the first two of those companies posted sales reports, and the latter flicked off its underperforming Torpedo 7 business for $1 to Tahua Partners.The companies' ea...

More Retail

Warehouse drops guidance, loss now in scope
Retail

Warehouse drops guidance, loss now in scope

The retailer has raised the possibility of a full-year earnings loss.

Foodstuffs serves up reuse trial with Bonson
Retail

Foodstuffs serves up reuse trial with Bonson

Most shoppers skip reusable bags so will they return deli trays?

Cooks Coffee flags ‘material uncertainty’
Retail

Cooks Coffee flags ‘material uncertainty’

Executive chair Keith Jackson says the firm is not concerned. 

Gregor Thompson 30 Jun 2025
Leaner picture for 3M without masks
Retail

Leaner picture for 3M without masks

Annual results show a 61% drop in revenue in two years.

Denise McNabb 30 Jun 2025