Warehouse Group First Half 2023 Earnings: EPS: NZ$0.05 (vs NZ$0.15 in 1H 2022)
Warehouse Group (NZSE:WHS) First Half 2023 Results
Key Financial Results
Revenue: NZ$1.81b (up 4.8% from 1H 2022).
Net income: NZ$17.4m (down 66% from 1H 2022).
Profit margin: 1.0% (down from 2.9% in 1H 2022). The decrease in margin was driven by higher expenses.
EPS: NZ$0.05 (down from NZ$0.15 in 1H 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Warehouse Group Earnings Insights
Looking ahead, revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Multiline Retail industry in Oceania.
Performance of the market in New Zealand.
The company's shares are down 16% from a week ago.
Before you take the next step you should know about the 2 warning signs for Warehouse Group (1 is significant!) that we have uncovered.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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