Warehouse lifts Q3 sales 1.9%, Red Sheds' same-store sales up 1.7%

Thu, 09 May 2019

By Jenny Ruth May 10 (BusinessDesk) - The Warehouse Group says its third quarter sales rose 1.9 percent with its flagship Red Sheds brand returning to positive same-store sales growth. The latest result follows 2.7 percent growth in first-half sales. “We’re encouraged that our sales are heading in the right direction as we continue to drive changes to meet changing customer expectations and leverage our group scale to operate more efficiently and deliver growth in earnings,” says chief executive Nick Grayston in a statement. The Red...

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