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‘We’re struggling with the decision’: Warehouse on ComCom charges

The Warehouse Group remains committed to defending its case against the criminal charges filed against Noel Leeming last year.

The Warehouse Group subsidiary, Noel Leeming.

Kate McVicar Fri, 27 Mar 2026
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Key points
  • Revenue: Flat on $1.6 billion. 
  • Profit: Up 33% to $15.7 million.
  • Key takeaway: The retailer had reduced costs and increased profitability, but the executive team says it’s too early to talk about any price increases related to the Iran conflict.    

The chief executive of The Warehouse Group has opened up about the criminal charges filed against his subsidiary brand. 

Following an earnings briefing this morning, The Warehouse Group chief executive Mark Stirton offered NBR a status update on an ongoing investigation regarding Noel Leeming. 

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Kate McVicar Fri, 27 Mar 2026
Contact the Writer: kate@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Key points
  • Revenue: Flat on $1.6 billion. 
  • Profit: Up 33% to $15.7 million.
  • Key takeaway: The retailer had reduced costs and increased profitability, but the executive team says it’s too early to talk about any price increases related to the Iran conflict.    
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‘We’re struggling with the decision’: Warehouse on ComCom charges
Investment,
113495
true