The Warehouse Group has turned their luck around after the most recent downturn.

It's confirmed an annual net profit of $11.2 million - a far cry from last year's $2.8 million net loss.

Noel Leeming made a 21.8 million profit, and Warehouse Stationary made 15.9 million.

Warehouse Group CEO Mark Stirton says these smaller companies allowed the brand to do the work on the main Warehouse chain - which also had an improved fourth quarter. 

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The Warehouse Group has turned their luck around after the most recent downturn.
It's confirmed an annual net profit of $11.2 million - a far cry from last year's $2.8 million net loss.
Noel Leeming made a 21.8 million profit, and Warehouse Stationary made 15.9 million.
Warehouse Group CEO Mark Stirton says these smaller companies allowed the brand to do the work on the main Warehouse chain - which also had an improved fourth quarter.&nbsp;
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Mark Stirton: Warehouse Group CEO on the Warehouse Group posting a $11.2 million net profit

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/ec246073-b9fc-4859-b19d-b4d5006b9cf9/transcript