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Nick Scali Limited

Founded over 50 years ago, Nick Scali Furniture has grown to become one of Australia’s largest retailers and importers of quality furniture. The business continually works hard to build upon this growth and honour the founder’s legacy.

Every year, Nick Scali Furniture imports in excess of 5,000 containers of quality leather and fabric lounges as well as dining room and occasional furniture. With a proven reputation for quality furniture at low prices, Nick Scali Furniture is a respected and trusted brand

ASX Code
NCK

Sector
Retailing

Website
https://www.nickscali.com.au/

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News

A Rare Retail Upgrade

Here’s a surprise profit upgrade – from retailing, and from the furniture side of the sector at that. Nick Scali (NCK), the Sydney based furniture retailer says that despite a slowdown in the current quarter, it will be reporting higher sales and earnings (after a strong first half) in August.

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Sofa, So Good For Nick Scali

Furniture retailer Nick Scali ((NCK)) has picked a winner, it seems. Amidst a soft retail environment over the past year the company has managed to successfully roll out the Sofas2Go brand and stores. Analysts at Moelis recently met with management and came away comfortable that the growth profile of the company has improved markedly.

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Analyst Views