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General Business
2 mins to read
5

The Warehouse suffers Covid-related 17.9% sales drop

Retailer repays $400,000 of government wage subsidy.

Fri, 08 May 2020

NZX-listed retailer The Warehouse Group has had a 17.9% drop of $128.1 million in third-quarter sales, the Covid lockdown having a significant impact. However, online sales have risen nearly 75% on the same period last year.

Retail sales for the third quarter to the end of April by brand

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Company profile
Powered by: nzx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Related News
General Business
8

The Warehouse axes dividend, 2020 guidance
General Business
3

Retailers around country close – but Warehouse stays open
General Business

Warehouse sales up since start of Covid-19; unlikely to continue
The Warehouse suffers Covid-related 17.9% sales drop
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