Business
Furniture retailer Nick Scali expects higher profit as online sales surge – NEWS.com.au
Furniture retailer Nick Scali expects higher profit as online sales surge
Furniture and homewares retailer Nick Scali has upgraded its first-half profit expectations after sales soared 45 per cent in the September quarter despite COVID-19 forcing store closures in Melbourne and Auckland.The company said on Monday the buoyant sales trend, which included a 47 per cent surge in online orders, continued through October.
Nick Scali has accordingly revised its profit guidance for the six months to December 31.
It previously forecast a 50 to 60 per cent increase compared with…
-
General16 hours ago‘We are here for you’: PM to bring help to flood zones
-
General15 hours agoWe’ve all talked about potential economic consequences for Australia of Trump’s policies. Now they’re happening
-
Noosa News22 hours agoStudents say new facility would be better in rural areas of Queensland
-
General13 hours ago‘I can’t start at zero now’: Aussies call for clarity after super cyber attack