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Headline News

Warehouse exec took Russian businessman with links to Putin to Trump's inauguration

A executive now working for The Warehouse took along a wealthy Russian entrepreneur with links to Vladimir Putin to Donald Trump's inauguration (3-0)

NZ shares drop 1.4 per cent on foreign selling

New Zealand shares fell over 1 per cent as foreign investors sold back their stakes, with A2 Milk Co and Meridian Energy hit hardest. (14-0)

The Warehouse Group forecasts first-half earnings to fall by up to 28%

The Warehouse Group's reinvented senior management incentive programme will eat into the NZX-listed retailer's first-half earnings. (1-0)

The Warehouse faces restructure hit to profits

Significant restructuring costs are expected to result in a lower profit for the country's biggest retailer. (1-0)

Sharemarket slips in thin holiday trade

New Zealand shares slipped in thin holiday trading as appetite declined for companies offering attractive dividend yields, such as regulated utilities Chorus and Genesis Energy and pay-TV operator Sky Network Television. (23-1)

NZ shares mixed; Ryman and Stride gain on results, Port of Tauranga, A2 Milk drop

New Zealand shares were mixed, with Ryman Healthcare and Stride Property making gains while Port of Tauranga and A2 Milk Co declined. (17-0)

Warehouse pledges online transformation to survive digital threats such as Amazon

Only the fittest and most savvy retailers will survive the digital era and Warehouse Group is accelerating its transformation plan, chair Joan Withers and chief executive Nick Grayston said in notes for the annual general meeting in Auckland today. (1-0)

Investore profit triples on back of rental income boost

Investore Property, the property investor spun out of Stride Property last year, said first-half profit more than tripled as acquisitions boosted rental income and it benefited from lower finance costs. (1-0)

The Warehouse partners up with layby company PartPay

The Warehouse has partnered with finance company PartPay to offer an online layby service - just in time for Christmas. (1-0)

The Warehouse Group (WHOSY) Investor Presentation - Slideshow

2017-11-10 seekingalpha
The following slide deck was published by Warehouse Group Ltd ADR in conjunction with this event. (1-0)

Warehouse first quarter sales drop 1.7%

Warehouse Group's first quarter sales were weaker than the year-earlier period after the retailer changed the pricing strategy at its flagship 'red shed' discount department stores to "everyday low pricing". (1-0)

Trustpower, milk darlings lead shares to another record high

New Zealand shares hit another record, led by Trustpower and Infratil on earnings upgrades, while Fletcher Building gave back gains. (12-0)

The Warehouse founder Sir Stephen Tindall takes leave of absence

The Warehouse founder Sir Stephen Tindall is taking a year's leave to focus on other work, including Team New Zealand's preparations to defend the America's Cup. (1-0)

The Warehouse profits fall by nearly three-quarters

The Warehouse has blamed large restructuring costs and asset writedowns for a drop in profit of almost three quarters, and is warning of more costs to come. (1-0)

Money arm wiped $40.1m from Warehouse bottom line

The 73.9 per cent slide in The Warehouse Group result was mainly due to its ill-considered move into financial services, causing a one-off hit to its bottom-line of $40.1m. (1-0)

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