Analyst Research Report Snapshot

Title:

Sales great, but need the margins too

Price:

$46.00

Provider:

First NZ Capital Holdings Limited

Date:

08 Nov 2013

Pages:

6

Type:

AcrobatPDF

Companies referenced:

WHS.NZ

Available for Immediate Download
Summary:

1Q14 Red Shed sales totalled NZ$355mn, up 8.9% and 5.5% respectively from a headline and sss growth perspective. Blue Shed sales totalled NZ$52mn, up 10.3% and 6.1% respectively from a headline and sss growth perspective. Noel Leeming reported quarterly sales of NZ$139.2mn, an increase of 11.6% when compared to the pcp. Same-store sales growth was 6.1%.

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