Australia · Delayed Price · Currency is AUD Nick Scali Earnings Call Transcripts
Fiscal Year 2026
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Revenue grew 13% to AUD 269.3 million and net profit after tax rose 29% underlying, with strong gross margins and robust written sales. UK rebranding drove 32% like-for-like sales growth in January, while store refurbishments temporarily impacted revenue.
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.