Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
The Warehouse Group lost $2.8 million in 2025 despite revenue growth, citing early signs of improvement under new leadership.
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%.
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.
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
El Warehouse Group perdió $ 2.8 millones en 2025 a pesar del crecimiento de los ingresos, citando señales tempranas de mejora bajo un nuevo liderazgo.