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Warehouse Group posts record profit as online sales boom

Retailer paid back Covid-19 wage subsidy and gave bonus to staff totalling $8.7m.

Will Mace
Wed, 29 Sep 2021

The Warehouse Group has posted a record full-year net profit of $117.7 million, up 165% over last year, on the back of growth in online sales and Click & Collect services across its Warehouse and Noel Leeming brands.

The NZX-listed retailer, which also operates Warehouse Stationery, Torpedo7 and

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Will Mace
Wed, 29 Sep 2021
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