UPDATE: Warehouse says profit growth will resume in 2015 following a decline in 2014

Fri, 12 Sep 2014

(Updates share price in fifth graph, adds broker comment starting in seventh graph and further detail on business divisions.) By Tina Morrison Sept. 12 (BusinessDesk) - Warehouse Group, New Zealand's largest listed retailer, expects earnings to rise this financial year following an 18 percent drop in 2014 as it benefits from investments in refurbishing its stores and adding new businesses. The Auckland-based retailer said adjusted profit, which excludes one-time items and is the basis for dividend payments, fell to $60.7 million, or 18...

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