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Analysts ‘disappointed’ by ‘lack of consideration’ for Torpedo7

The Warehouse may have cut its outdoor brand loose but guidance remains guarded.

Analysts question what lays ahead for the Warehouse Group following its exit of Torpedo7.

Kate McVicar Mon, 26 Feb 2024

Retail analysts have started to process the sale of Torpedo7 and what it means for its former parent.

On Thursday, The Warehouse Group took the market by surprise during a busy earnings season, reporting the sale of its outdoor brand Torpedo7 for just $1 to investment consortium, Tahua Partners.

The

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Kate McVicar Mon, 26 Feb 2024
Contact the Writer: kate@nbr.co.nz
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Analysts ‘disappointed’ by ‘lack of consideration’ for Torpedo7
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