The Warehouse says it expects its adjusted earnings for this financial year to exceed the 2012 result.
The country's largest listed retailer has posted an adjusted earnings result of $99.7 million for the past financial year.
Chief executive Mark Powell says the company has spent about $22 million turning the business around, which includes shop refits.
"The comparable refit stores are delivering - post refit - about three or four percentage points higher same-store sales growth, relative to the (overall) company's same-store sales growth," he says.