Over the past year, Nick Scali’s share price has risen by more than 50%, even as earnings per share fell by around 30%. This decline in earnings growth has been a consistent trend over the past five years.Read more
Key Takeaways Expansion in Australia, New Zealand, and the U.K., combined with new store openings and refurbishments, supports sustainable revenue and earnings growth. Strengthening profit margins and rising online sales, boosted by supply chain efficiencies and digital investment, position the company for long-term profitability.Read more
Catalysts About Nick Scali Nick Scali is a furniture retailer focused on lounges and related home furnishings across Australia, New Zealand and the U.K. What are the underlying business or industry changes driving this perspective? Ongoing shift toward online furniture buying, with ANZ online written orders of A$42.4 million and growth of 21.8%, positions the group to capture a larger share of digital demand and support revenue and earnings quality over time.Read more
Catalysts About Nick Scali Nick Scali is a furniture retailer focused on selling lounges and related home furnishings across Australia, New Zealand and the U.K. What are the underlying business or industry changes driving this perspective? The U.K. business requires refurbished stores to lift written sales orders by around A$10,000 per week per store to reach breakeven.Read more
Excellent balance sheet with reasonable growth potential and pays a dividend.
Nick Scali Limited, together with its subsidiaries, engages in the sourcing and retailing of household furniture and related accessories in Australia, New Zealand, and the United Kingdom. The company offers recliner, leather, fabric, and quick ship sofas, as well as occasional armchairs and ottomans; TV and entertainment units; coffee, side, and console and hallway tables; dining tables and chairs, and buffet tables and sideboards; mattresses, bed frames, bedside tables, tallboy, dressers, and daybeds; and rugs, mirrors, and care products. It sells its products through a showroom network of stores, as well as online. Nick Scali Limited was incorporated in 1962 and is based in North Ryde, Australia.
