Warehouse profit down as it invests in transformation
Company saw problems at its new fulfilment centre.
The Warehouse Group’s first-half profit is down 20%, as it plugged more money into transforming the business.
The company’s net profit is down 20% to $29.2 million in the 26 weeks to January 26. This includes $16.3m in unusual items, including $14.9m of investment into improving its
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