Nick Scali has reported a 28.3 per cent decline in statutory profit, posting $57.7 million for the 2025 financial year. This downturn was significantly impacted by losses stemming from the company’s ongoing expansion into the United Kingdom. Nick Scali is a furniture retailer that specialises in household furniture and related accessories. The company operates a network of stores across Australia, New Zealand, and the United Kingdom, offering a range of products for living, dining, and bedrooms.
Despite the overall profit dip, the company’s Australia and New Zealand business experienced positive momentum during the second half of the year. Sales orders in the ANZ region increased by 7.3 per cent, with a gross margin of 65 per cent. However, the UK operations saw increased sales, but losses also widened due to ongoing store refurbishments as part of the expansion strategy.
In light of the financial results, Nick Scali has declared a final dividend of 33 cents per share. Looking ahead to the 2026 financial year, the company anticipates a strong start for sales in its Australian and New Zealand markets. The focus remains on navigating the challenges and capitalising on opportunities within its international ventures while maintaining its established presence in the domestic market.
