Warehouse risks ‘brush up’ against banking covenants
Analysts also forecast the Kiwi retailer to hit pause on dividends until later in FY25.
The Warehouse Group could come close to breaching its interest cover covenant.
The Warehouse Group is at risk of coming up against its bank covenants in the next financial year.
A report from Craigs Investment Partners by analyst Kieran Carling has outlined just how close the NZX-listed retailer could get to its interest cover covenant in the 2025 financial year.
The Warehouse
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