Warehouse 3Q sales lift 2.6% as Noel Leeming boasts 'strong' quarterly growth

Thu, 10 May 2018

By Tina Morrison May 11 (BusinessDesk) - Warehouse Group's third-quarter sales advanced 2.6 percent as its Noel Leeming appliance and technology chain outperformed its other businesses. Sales lifted to $701.2 million in the quarter ended April 29, from $683.5 million a year earlier, the Auckland-based company said in a statement. Warehouse said the sales were in-line with expectations and kept intact its forecast for full-year earnings of $50 million-to-$53 million, a decline of about 25 percent from the year earlier. Warehouse said th...

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