The Warehouse Group FY26 Annual Results

The Warehouse Group reports strong profit growth in FY26 Summary for the 52 weeks ended 2 August 2026: • Reported sales were $3.0 billion, down 1.9% on a 53-week FY25, up 0.4% on a comparative 52-week same-store basis [Footnote 1] • Group gross profit margin up 40 basis points to 32.6% • Cost of doing business reduced by $29.8 million to 31.8% of sales, an improvement of 40 basis points • Operating profit [Footnote 2] (EBIT pre-NZ-IFRS 16) increased to $22.6 million from $1.3 million in FY25 • Reported net profit after tax increased to $11.2 million from $2.8 million net loss after tax in FY25 • Operating cash flow improved by $121.2 million to $193.5 million, capital expenditure increased to $21.1 million from $12.4 million in FY25 with investment primarily directed to stores • Net debt reduced to $17.0 million from $96.1 million in FY25 • No final dividend has been declared for FY26 Footnote 1: FY25 was a 53-week financial year ending 3 August 2025, compared to 52 weeks in FY26. Same-store sales removes the 53rd week of FY25, excludes online, NLG Commercial, and the impact of opening and closing of stores during the reported and comparable year. Footnote 2: Operating Profit (EBIT pre-IFRS16) excludes the impact of NZ IFRS16 and unusual items and is a non-GAAP measure. Please refer to the attached: 1. WHS FY26 Media Release 2. WHS FY26 Investor Presentation 3. WHS FY26 Annual Report 4. WHS FY26 Results Announcement 5. WHS FY26 Sustainability Report 6. WHS FY26 Q4 Sales Report