The Warehouse Group Limited FY23 Results

The Warehouse Group FY23 annual result announcement

Strong sales at The Warehouse in a challenging year

Highlights
• Group sales of $3.4 billion, up 3.2% on prior year, including record sales result for The Warehouse of $1.9 billion, up 9.6% on prior year
• FY23 gross profit margin decreased 190 basis points compared to FY22 but an improvement on FY23 H1
• Reported Net Profit After Tax of $29.8 million – down 66.6% on prior year
• Adjusted Net Profit After Tax of $37.5 million – down 56.2% on prior year
• Operating cash flow improved 103.2% from FY22 to $214.2 million in FY23
• Net debt of $48.1m and available liquidity of $421.9 million as at FY23
• Final dividend of 8.0 cents per share declared

Please refer to the attached:

1. Results Announcement
2. FY23 Investor Presentation
3. Media Release
4. Annual Report 2023
5. Corporate Action Notice
6. Quarterly Sales Report

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Announcement PDF