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How to buy The Warehouse Group shares (WHS)

The steps you need to follow to buy WHS shares on the NZX.

The Warehouse Group logo

The Warehouse Group is one of New Zealand’s largest retailing groups and manages six brands and over 250 retail stores. Shares in the company are traded on the NZX — keep reading for step-by-step instructions on how to buy WHS shares.

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How to buy shares in The Warehouse Group on the New Zealand Exchange

  1. Compare share trading platforms. If you’re a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table. Most importantly, you need to find a share trading platform that allows you to trade on the NZX.
  2. Open and fund your share trading account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for The Warehouse Group. Find the stock by name or ticker symbol: WHS. Research its history to confirm it’s a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until The Warehouse Group reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimise risk through the market’s ups and downs. You may be able to buy a fractional share of The Warehouse Group, depending on your share trading account.
  6. Check in on your investment. Congratulations, you own a part of The Warehouse Group. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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The Warehouse Group overview and background

The history of The Warehouse Group dates back to 1982, when Sir Stephen Tindall opened the first The Warehouse store in Auckland. The general merchandise retailer has experienced plenty of growth since then, and now boasts $3 billion in sales.

There are six core brands that come under The Warehouse Group umbrella: The Warehouse, Warehouse Stationery, Noel Leeming, Torpedo7, 1-day and TheMarket. This sees the group manage over 260 retail stores as well as distribution centres in New Zealand, plus sourcing offices in China and India.

The Warehouse Group employs over 12,000 people and is headquartered in Auckland.

Performance and company results

In March 2021, The Warehouse Group announced the following key half-yearly results:

  • Reported net profit after tax of $55 million, an increase of 88.5% on previous corresponding period
  • Group sales up 7.4% to $1,808.3m
  • Operating profit of $153 million, an increase of 125.4%
  • Record operating profits for the following four brands: The Warehouse, Noel Leeming, Warehouse Stationery and Torpedo7
  • An interim dividend of 13 cents per share

Key details

NameThe Warehouse Group LimitedIndustrySpecialty Retail
Ticker symbolWHSISINNZWHSE0001S6
TypeOrdinary SharesDate listed on NZX14 Nov 1994
End of financial yearJulyChief executive officerNick Grayston
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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