Warehouse CEO Stirton says layoffs on table as analysts struggle to see ‘path to profitability’

Mark Stirton took over as chief executive in August. (Image: Supplied)

Fri, 03 Oct 2025

The Warehouse Group's chief executive says layoffs could be on the cards in the current financial year as the company looks to cut its cost base and increase operating margins.On Thursday, the group reported it had generated earnings before interest and taxes (ebit), or operating profits, of $1.3 million from $3.1 billion in revenue.Speaking to BusinessDesk after the result, CEO Mark Stirton said the firm’s operating margin was “highly disappointing”.“If you take [Walmart’s] margin and...

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