Strong trading equals special dividend for The Warehouse

Thu, 04 Feb 2021

The Warehouse Group will pay a 5 cent per share special dividend.The company said today it had a stronger-than-expected trading performance, in particular over the critical Christmas period.Chair Joan Withers said full-year 2021 performance to date reflected a combination of elevated consumer demand, wider gross margins across the group and operational improvements.The company has been vigorously trimming costs, slashing job numbers and closing poorly performing stores as it aims to stay competitive.The 5 cent special dividend will be fully imp...

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