Nick Scali boss urges patience after soft January trading dents shares

Nick Scali boss urges patience after soft January trading dents shares

Profit and sales jumped in the first half at the sofa and home furnishing retailer, but investor concerns about a softer outlook sent its shares tumbling.

Nick Scali (ASX:NCK) Plunges Despite 36% Profit Jump

Nick Scali profit jumps, but the stock slides Nick Scali (ASX: NCK) fell 22% to A$18.48 on Friday, even after delivering one of its best half-year results in years. Group statutory net profit rose 36% to AUD 41 million, ANZ revenue increased 13% to AUD 251.7 million, and the interim dividend lifted 30% to a…

UK making progress for Nick Scali as more stores planned - Big Furniture Group

Australian furniture group Nick Scali has reported a growth in half year sales while stating that the UK is making good progress. According to its half year results ended 31 December 2025, total group sales rose 7.2% to $269.3m from $251.1m. Profit after tax resulted at $41m, up 23.1% from $33.3m. For the UK market, sales declined 38.5% to $17.6m from $28.6m, while gross margin improved to 59.2% from 45.1%. UK net loss after tax resulted at $5.6…

Nick Scali Shares Plunge Amid Sales Concerns

Shares in Nick Scali experienced a significant drop on Friday following the release of sales figures from Australia and New Zealand that fell short of expectations. This downturn occurred despite a robust performance from the company’s stores located in the United Kingdom. Nick Scali is a furniture retail company that designs, sources, and sells furniture through its network of stores and online platforms. The company operates across Australia, …

Nick Scali scalped on miss despite profit jump; board suggests pain ahead

Nick Scali Ltd (ASX:NCK) has shown once again that in earnings season, it’s not what you say that matters. It’s what analysts price you at ahead of a report. So it was the Nick Scali fell nearly -20% on Friday despite profits after tax (NPAT) being 30% higher than 1HFY25 at $46.6M (versus $36M pcp). Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and …