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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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.