The Warehouse Group Limited has today reported a 3.8% increase in total sales for the 13 weeks ending 30 April 2023 and a 0.9% decline in gross profit for the same period.
The Warehouse brand saw a strong 10.5% sales increase in the third quarter, with the Warehouse gross profit increasing 5.0%.
Other Group brands, however, remained challenged due to customers controlling disposable income and cost of living remaining elevated.
The Group plans to remain vigilant with both operating and capital expenditure and will be opening its newest stores in Warkworth later this month.
See more
