Sam Trethewey: Milford Asset Management Portfolio Manager on local retailers reporting losses this earning season
Heather du Plessis-Allan Drive · Newstalk ZB
March 20, 20243m 57s
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Show Notes
Many local retailers, including Kathmandu and The Warehouse, have reported less-than-stellar earnings this week.
KMD Brands has posted a $10 million loss, and The Warehouse Group today announced a $23.7 million net loss.
Milford Asset Management's Sam Trethewey says it's clear economic conditions and interest rates are having an impact on consumer spending.
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Topics
businessretailMilford Asset ManagementKathmanduThe Warehouse