Business
Why the Nick Scali (ASX:NCK) share price is lifting today
The Nick Scali Limited (ASX: NCK) share price is climbing today following the release of its half-year results for 2021.
In opening trade, the furniture retailer’s shares are up 2.45% at $10.86.
What’s driving the Nick Scali share price?
The Nick Scali share price is climbing this morning after the company announced growth in all key metrics.
According to its release, Nick Scali delivered an exceptional six months of trading despite disruptive first-half trading conditions.
For the period ending 31 December, the company reported total sales revenue of $171.1 million. This reflected a record amount, and an increase of 24.4% on the previous $137.5 million attained in H1 FY20. Positive trading momentum continued across Australia…
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