Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag The Warehouse Group lost $2.8 million in 2025 despite revenue growth, citing early signs of improvement under new leadership.

flag The Warehouse Group posted a $2.8 million net loss for the year ended August 3, 2025, with revenue up 1.6% to $3.09 billion, driven by gains at The Warehouse and Noel Leeming, though Warehouse Stationery declined 2.5%. flag New CEO Mark Stirton, who took over in August, said organizational changes, pricing adjustments, and cost controls are beginning to show results, particularly in the second half of the year. flag Despite ongoing challenges, including a 140 basis point drop in gross profit margin and weak consumer confidence, the company reported improved performance and remains focused on a multi-year turnaround.

3 Articles