WHS - Warehouse Group

[LoungeLizard]

Is it a case of the rats leaving the sinking ship??

[winner (n)]

NZ Shareholders Association think Journee as Chairva good move

But somewhere in the article it did say 'the jury is still out' whether recent appointments will start creating value

[Hectorplains]

NZ Shareholders Association think Journee as Chairva good move

"...a pragmatic decision to preserve the momentum of transformation rather than lose institutional knowledge at a critical juncture."

—NZSA Comment (July 2025)

"A Pragmatic Decision", "Momentum of transformation" and "Critical Juncture" sound like band names on a progressive metal/industrial rock triple billing...

Journee's non-independent status is problematic and I'm a surprised that NZSA has looked past that so easily.

[winner (n)]

Guys over on channel produced this hit song Enpty Shelves Blues

Really cool

https://share-ai.singgenix.com/?token=0MhI%2BV0V9WD7Xrk4sB0aeZz0%2Fsx%2FQlz6jJLOCZ8Fg%2BghdIlur0qb6g%3D%3D&musicType=0

I hope this works ����

😎

[LoungeLizard]

Guys over on channel produced this hit song Enpty Shelves Blues

Really cool

😎

excellent!

[Basil]

So good it should be played at the WHS AGM.

[Hectorplains]

https://www.nzx.com/announcements/459927

They're saying "...early signs of improvement, particularly in the second half, with improved sales and margin trends."

At a glance, it still looks like they sells lotsa stuff but make no money from it. 

[winner (n)]

Bad result out

Over $3 billion in sales but negative operating cash flow of $23m ....and $12m of capex so cash burn of $35m. Good effort guys.

The usual mention of market share gains seems to be missing so assume they lost share

Guru analysts mentioned T briefing they can't see a pathway to profitability in near future

[Shareguy]

Yes $3.1b sales and made $1.3m profit

They have lost their way in a very crowded market.

Their locations have value so wouldn't be surprised to see something happen there.

[Basil]

Yet another disastrous year for shareholders. You'd be forgiven for wondering if the Tindall Foundation 's main goal is to run the business as a charity for the good of the staff and all Kiwi's ? 

[lorraina]

Yes $3.1b sales and made $1.3m profit

They have lost their way in a very crowded market.

Their locations have value so wouldn't be surprised to see something happen there.

Most probably exiting leases will most likely be problematic and costly.

[Shareguy]

We need a third grocery participant with scale.  Also the Normans have a large holding.  Will be interesting as to what happens.  Would be a shame to see it go.

[lorraina]

In Christchurch The Normans have stores at the major Malls,Riccarton,Hornby,Northlands and The Palms.
I very much doubt any WHS stores would be of interest to them.The Normans are not at Barrington or Eastgate Malls,[where WHS are],and that shows how astute they are.
Yes we need a third grocery chain,but again I doubt it will happen.

[entrep]

Own a single supermarket = make millions per year.
Own the entire Warehouse company = make $1 million per year

Something is seriously f**king wrong here.

[Shareguy]

Relevant Interest (Ordinary Shares) Percentage from annual report

Sir Stephen Tindall 93,687,096 27.01%
The Tindall Foundation Inc 73,920,496 21.31%
James Pascoe Investments Limited 69,333,940 19.99%