Business

Macquarie upgrades The Warehouse on recovery signs

Analysts have upgraded The Warehouse to outperform, forecasting improved earnings and a resumption of dividends.

Skinny McBuntu

Macquarie has upgraded its rating of The Warehouse to outperform following what it describes as the beginning of a recovery after a difficult period. The analysts forecast earnings per share of 7.4 cents for the 2027 financial year and expect the company to resume paying dividends.

Covered byBusinessDeskNot covered byRNZStuffNZ Herald1NewsNewstalk ZBOtago Daily TimesNewsroomThe Spinoffinterest.co.nz

Coverage across the news outlets we track, as at publication.

What outlets are saying

BusinessDesk

Analysts upgrade The Warehouse: ‘Recovery is under way’

Analysts at Macquarie have upgraded their rating of The Warehouse to outperform, saying “recovery is under way” following a prolonged difficult period. Macquarie forecasts earnings per share o f 7.4c for the 2027 financial year a nd expects dividend payments…

Read the full story at BusinessDesk