Under the deal announced, Nick Scali will acquire Fabb Furniture for a consideration of £2m ($3.82m) and all of the secured debt owed by Fabb furniture for £3.5m. Nick Scali intends to pay £ ...

Listed furniture chain Nick Scali has launched Federal Court action against discount rival Super A-Mart, alleging misleading and deceptive conduct under the Trade Practices Act. The case involves ...

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 ...

According to the note, Macquarie has retained its outperform rating and $19.90 price target on Nick Scali's shares. Based on its current share price of $18.20, this implies potential upside of 9.3 ...

Furniture retailer Nick Scali has posted a 20.9 per cent slide in full-year net profit to $80.6m after sales eased 7.8 per cent to $468.2m, as the company faced rising marketing, property costs ...

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 ...

Post-lockdown sales in NSW have been buoyant, furniture retailer Nick Scali says, but the pandemic is still constraining supply chains. These disruptions include prolonged lockdowns in supply hub ...

Shares in Nick Scali gained 50¢ to $10.51 per share on Monday after the company revealed that full-year 2022 sales jumped more than 18 per cent to $441 million thanks to its recent Plush acquisition.

The target will be ultimately rebranded as Nick Scali, and paid for via a capital raising up to $60m that was also announced on Wednesday. Founded in 1979, the loss-making Anglia trades as Fabb ...

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 ...