A three-piece update to Nick Scali furniture
By Roger Montgomery
Nick Scali (ASX:NCK) released a trading update along with first half earnings guidance. Most analysts conclude that the update was a downgrade to the first-half consensus net profit after tax (NPAT); longer-term investors will look beyond the short-term effects of higher freight charges. The headline numbers are as follows: the company’s 1H25 group NPAT guidance is now $26.