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Furniture chain Nick Scali remains confident there is a “pathway to profitability” for its loss-making British retail chains as it ramps up marketing and invests in local sales teams to capture just a ...
Investors had welcomed the furniture chain’s push overseas with Mr Scali confident that British shoppers would be attracted to Nick Scali’s furniture and furnishings as it took over and ...
Shares in this ASX 200 furniture retailer are soaring to record highs following the release of the company's FY25 results.
On Friday Nick Scali, the $1.5bn retailer which has 65 Nick Scali stores across Australia and New Zealand, 44 Plush sofa stores and 20 furniture shops in Britain, posted its December-half results ...
Nick Scali Limited ( (AU:NCK) ) just unveiled an announcement. Nick Scali Limited reported a 5.8% increase in revenue to $495.3 million for the year ended June 30, 2025, compared to the previous year ...
Nick Scali's first-half net profit rose 40.7 per cent to $14.1 million, beating market forecasts by $2 million, and Mr Scali expects full-year net profit to rise by at least 28 per cent to between ...
Nick Scali acquired UK-based Fabb Furniture in April last year. The acquisition provided an immediate entry point into the large UK market with a 21-store network across key locations.
On Monday, Mr Scali again highlighted the impact of rising freight costs on his furniture business. In his address to shareholders, released to the ASX before the AGM, Mr Scali warned that higher ...
The furniture designer and manufacturer has annual sales around $1.4 billion – making it six times larger than Nick Scali – and sells products such as fabric and leather sofas, beds and dining ...
Furniture retailer Nick Scali has become one of the first retailer’s to issue a profit warning this annual general meeting season as an unexpected spike in freight rates punctured its normally ...