Business
Temple and Webster’s earnings hike not enough to thrill investors – NEWS.com.au
Temple and Webster’s earnings hike not enough to thrill investors
Temple and Websters share price has slumped despite revealing a major jump in earnings off the back of customers switching to digital shopping during the coronavirus pandemic. At midday, investors had rejected the company’s interim results, with stock in the online furniture retailer trading 5 per cent lower at around $10.42 per share.
Temple and Webster on Tuesday released its unaudited half-yearly results that revealed an earnings before tax, depreciation and amortisation (EBITDA) of $14.8m, a…
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