Australia's Nick Scali soars most in 10 months on hiking forecasts

Nick Scali

22/12/2025 01:21

** Shares of  Nick Scali NCK.AX up as much as 13.5% at A$24.01, their biggest intraday pct gain since Feb 7
** Furniture retailer expects statutory net profit after tax for 1HFY26 to be in range of A$37million ($24.49 million) - A$39million, compared to guidance of A$33million  - A$35million
** Says first half revenue growth for AUNZ expected to be 10% - 12% from a year ago, compared to previous guidance of  7% - 9%
** YTD, shares up 55.5%

($1 = 1.5110 Australian dollars)

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))