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The Warehouse lifts third quarter sales but maintains dismal profit forecast

Warehouse Group shares rose 3c to $2.77 after the announcement.
 
Jenny Ruth discusses The Warehouse's results  on NBR Radio, and on demand on MyNBR Radio.

Jenny Ruth
Fri, 08 May 2015

The Warehouse [NZX: WHS] is maintaining its dismal annual profit guidance despite reporting a 3.8% jump in third quarter sales from its core Red Sheds stores.

The Warehouse shares rose 3c to $2.77 after the announcement.

In March, the retailer forecast annual profit would fall to between $52-56

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Jenny Ruth
Fri, 08 May 2015
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The Warehouse lifts third quarter sales but maintains dismal profit forecast
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