Warehouse Group shares downgraded

Jan 16, 2023 | Broker Comment, Latest News

16.1.23 Shares in The Warehouse Group have been downgraded by a leading brokerage following softer sales during the summer season up to Christmas. Sales momentum turned meaningfully negative over the holiday period with group sales falling -5.5% vs pcp through to 26 December. “Rising cost pressures and dampened consumer confidence are likely key drivers of […]

 


 

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