New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Thematic (Sector/Industry)

New zealand Consumer discretionary / Thematic (Sector/Industry)

<ul><li>Much of the action for the upcoming retail reporting season came to light during confession season in February.</li><li>KMD Brands (KMD) reported disappointing half year sales with declines across all brands; Hallenstein Glassons' (HLG) sales were flat, supported by a strong Christmas trading season and trading down trends; and the Warehouse Group (WHS) announced the sale of its under performing Torpedo 7 business for NZ$1. </li><li>The consumer backdrop has been challenging and we can't see any signs of that changing in the near-term. </li></ul>

Much of the action for the upcoming retail reporting season came to light during confession season in February.KMD Brands (KMD) reported disappointing half year sales with declines across all brands; Hallenstein Glassons' (HLG) sales were flat, supported by a strong Christmas trading season and trading down trends; and the Warehouse Group (WHS) announced the sale of its under performing Torpedo 7 business for NZ$1. The consumer backdrop has been challenging and we can't see any signs of that changing in the near-term. 

Retail Sector - Checking Out Reporting Season