Downgrading the Warehouse

Mar 24, 2023 | Broker Comment

24.3.23 The surprisingly deep dive in 1H23 net profit by The Warehouse has brought forth both a lot of media comment and market downgrades. Slowing consumer activity and operating leverage drove a meaningful fall in earnings, commented Jarden analyst Guy Hooper this morning. The retail group’s EBIT (pre-IFRS) of $31m was down 46% YoY and […]

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Downgrading the Warehouse

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