Stocks of the Hour: Allkem, Cosmos Exploration, Nick Scali
A snapshot of the stocks on the move, featuring Allkem (ASX:AKE), Cosmos Exploration (ASX:C1X) and Nick Scali (ASX:NCK).
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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
A snapshot of the stocks on the move, featuring Allkem (ASX:AKE), Cosmos Exploration (ASX:C1X) and Nick Scali (ASX:NCK).
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Furniture retailer Nick Scali (ASX:NCK) hopes that 2023-24 will be a year it and the market can forget, after again cutting its dividend amid a not unexpected decline in revenue and sales for the 12 months.
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Despite a 20% slide in earnings for the six months to December, furniture retailer Nick Scali (ASX:NCK) has maintained its interim dividend at 35 cents a share.
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Furniture retail giant Nick Scali has exceeded market expectations by achieving a remarkable 26.1% increase in net profit for the full fiscal year, reaching a total of $101.1 million.
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Nick Scali produced a mixed interim report on Monday - one from which some investors and commentators mistakenly construed that the retail slowdown had not impacted it.
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Shares in furniture retailer Nick Scali were up more than 11% at one stage yesterday after a very bullish update on how the company has started 2022-23 with a rush.
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Here's Monday's key June 2022 half-year results, featuring the latest from developer Lendlease, retail chain Nick Scali and plumbing supplies group Reliance Worldwide.
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A number of leading retailers of all sizes presented trading updates to the Macquarie investment conference yesterday. Some numbers were solid but investors remained unimpressed.
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Furniture retailer Nick Scali has warned investors that persistently high international shipping costs will likely cut earnings in the current second half of the of the June 30 financial year.
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A busy news day for the ASX on Monday, with Woodside, AusNet, APA, Nick Scali, Huon Aquaculture and Smartgroup all making key announcements to the market. Here are the details.
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Nick Scali has gone deeper into couches and lounges with the purchase of rival retailer Plush, while Boral has offloaded its North American building products and timber division as well its Australian timber business.
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