{"id":582740,"date":"2026-08-28T07:14:10","date_gmt":"2026-08-28T07:14:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/582740\/"},"modified":"2026-08-28T07:14:10","modified_gmt":"2026-08-28T07:14:10","slug":"chemist-warehouse-lays-out-pathway-to-100-stores-as-sales-growth-rises-20","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/582740\/","title":{"rendered":"Chemist Warehouse lays out pathway to 100 stores as sales growth rises 20%"},"content":{"rendered":"<p class=\"TpGGueVENmajZwYgWe\" style=\"display:none\">The international segment reported revenue of A$421.4 million, up 33% year-on-year, contributing A$55.8m to normalised earnings before interest and tax, up 91.3%.<\/p>\n<p class=\"TpGGueVENmajZwYgWe\" style=\"display:none\">Gross profit for the international segment lifted 47.6% from A$87.4m to A$128.9m, with gross margin lifting 303 basis points from 27.57% to 30.6%.<\/p>\n<p class=\"TpGGueVENmajZwYgWe\" style=\"display:none\">The company said New Zealand \u201cled the way\u201d, with sales growth of 20.3% year-on-year and network store sales exceeding $1b.<\/p>\n<p class=\"TpGGueVENmajZwYgWe\" style=\"display:none\">Chemist Warehouse has more than 3000 employees in New Zealand.<\/p>\n<p class=\"TpGGueVENmajZwYgWe\" style=\"display:none\">\u201cNew Zealand continued to deliver compelling momentum in FY26, reinforcing its position as a significant and scalable growth market for the group,\u201d the company said.<\/p>\n<p class=\"TpGGueVENmajZwYgWe\" style=\"display:none\">\u201cThe business opened 14 new stores during the year, including Palmerston North, which delivered the strongest opening sales week ever recorded across the Chemist Warehouse Group globally.\u201d<\/p>\n<p class=\"TpGGueVENmajZwYgWe\" style=\"display:none\">Within Sigma Healthcare\u2019s annual report was detail on how it plans to reinforce its growth and momentum in the New Zealand market.<\/p>\n<p class=\"TpGGueVENmajZwYgWe\" style=\"display:none\">As of June 30, 2026, six new Chemist Warehouse locations are under construction, bringing the New Zealand network to 81 stores.<\/p>\n<p class=\"TpGGueVENmajZwYgWe\" style=\"display:none\">However, the company also noted an additional 20 leases have been signed, providing a pathway to more than 100 stores. No locations were disclosed at this stage.<\/p>\n<p class=\"TpGGueVENmajZwYgWe\" style=\"display:none\">To support the planned increase in New Zealand stores, Sigma Healthcare invested about A$40m in May in a new 23,000sq m distribution centre in Auckland.<\/p>\n<p class=\"TpGGueVENmajZwYgWe\" style=\"display:none\">The centre is nearly online and expected to start operations next month.<\/p>\n<p class=\"TpGGueVENmajZwYgWe\" style=\"display:none\">Sigma Healthcare\u2019s wider group reported total revenue of A$10.8b, up 15.5% year-on-year, with a normalised net profit of A$732.2m, up 22.3%.<\/p>\n<p class=\"TpGGueVENmajZwYgWe\" style=\"display:none\"><a href=\"https:\/\/www.nzherald.co.nz\/author\/tom-raynel\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.nzherald.co.nz\/author\/tom-raynel\/\">Tom Raynel<\/a> is a multimedia business journalist for the Herald, covering small business, retail and tourism.<\/p>\n<p>Stay ahead with the latest market moves, corporate updates, and economic insights by subscribing to our <a href=\"https:\/\/www.nzherald.co.nz\/my-account\/profile\/newsletters\/?from=cmp\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.nzherald.co.nz\/my-account\/profile\/newsletters\/?from=cmp\">Business newsletter<\/a> \u2013 your essential weekly round-up of all the business news you need.<\/p>\n","protected":false},"excerpt":{"rendered":"The international segment reported revenue of A$421.4 million, up 33% year-on-year, contributing A$55.8m to normalised earnings before interest&hellip;\n","protected":false},"author":2,"featured_media":582741,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[3548,2327,9526,806,1863,138,43712,3499,58658,3805,111,139,69,3111,59742,2171,10042,667,653,18835,61,18840,80],"class_list":["post-582740","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-3548","tag-2327","tag-another","tag-as","tag-back","tag-business","tag-chemist","tag-growth","tag-lays","tag-network","tag-new-zealand","tag-newzealand","tag-nz","tag-out","tag-pathway","tag-plans","tag-rises","tag-sales","tag-stores","tag-strong","tag-to","tag-warehouse","tag-zealand"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/582740","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=582740"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/582740\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/582741"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=582740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=582740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=582740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}