Nick Scali Earnings Call Transcripts
Fiscal Year 2026
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Revenue rose 7% to AUD 269.3 million with net profit after tax up 29% underlying and 37% statutory year-over-year. UK rebranded stores saw 32% like-for-like sales growth in January, while group gross margin improved to 65.9%.
Fiscal Year 2025
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Second half revenue and profit margins improved, with strong ANZ and online growth offsetting UK disruption from refurbishments. Cash position remains robust, dividends increased, and five new stores are planned, though UK losses will persist until all stores are upgraded.
Fiscal Year 2024
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Written sales orders grew year-over-year, but group revenue declined as prior delivery backlogs normalized. Gross margin improved, especially in ANZ, while the UK acquisition is progressing amid tough market conditions. Store expansion and online growth remain key focus areas.