The Warehouse annual earnings fall, as it gets its teeth into transformation
Some parts of the business disappoint management.
The Warehouse Group’s annual earnings fell 13%, as it got into the thick of a major transformation programme.
Net profit adjusted for one-time items was $59 million in the year to July 29, within the $58m-59.5m range the company gave late in August but down on last year’s $68.2m.
Reported
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Calida Stuart-Menteath
Fri, 21 Sep 2018
Fri, 21 Sep 2018
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The Warehouse annual earnings fall, as it gets its teeth into transformation
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