Australia's Nick Scali peaks on upbeat earnings, outlook

Nick Scali

28/10/2025 23:47

** Shares of Australia's Nick Scali NCK.AX rise as much as 11.1% to a record high of A$24.98

** The furniture retailer says first-quarter sales revenue increased 6% over pcp, with H1 sales revenue expected to rise by 7-9% over previous year

** Sees statutory net profit after tax in H1 FY26 to be in the range of A$33 million to A$35 million ($22.74 million), compared with A$30 million in H1 FY25

** YTD, stock up 64.2%

($1 = 1.5389 Australian dollars)

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))