The Warehouse Group’s total sales rose 2.2% on year in the third quarter to $710.5 million, compared with the same period last year.
Interim chief executive John Journee, who has been in the job for nearly a year, said the three months ending on April 27 were “an encouraging result”.
“February sales performance was strong, while March and April sales showed softer trends; however, [it] still exceeded the same period last year,” Journee said.
The company maintained previously signalled second-half earnings before interest and taxes (ebit) guidance at a loss of around $14m.
“Our turnaround is gaining traction, especially at The Warehouse, where new on-trend homeware and apparel ranges and better-value everyday essentials are resonating well with customers,” Journee said.
