The Warehouse Group (WHS)•FY26•Released 27 March 2026WHS HY26: NPAT up 33.6% but operating cash flow halved and net debt swung to...Earnings improvement is real across Noel Leeming and Stationery, yet borrowings quadrupled and cash conversion deteriorated sharply against flat...Published 23 April 2026Read briefing→
The Warehouse Group (WHS)•FY25•Released 21 March 2025Balance sheet flipped to $19.0m net cash, but PBT still fell 17.9%Capex was cut 87% and inventory days more than doubled, leaving the sharp improvement in reported NPAT almost entirely a function of FY24's...Published 23 April 2026Read briefing→
The Warehouse Group (WHS)•FY24•Released 26 September 2024NPAT swung to a $54.2m loss as a $60.3m discontinued-ops charge compounded a...All three continuing banners lost operating margin, gross borrowings more than doubled to $159.3m, and capex was cut by two-thirds to protect cash.Published 23 April 2026Read briefing→