NCK 2.16% $16.57 nick scali limited

revenue up, page-2

  1. 5,784 Posts.
    Yeah - I was watching for the result as lots of friends have shopped for furniture there.

    The result was mixed - revenues up about 20% but profit flat due to pre tax operating margins shrinking by 17% on pcp.

    For now to be honest - I don't think it is a good investment stock as too much competition and a slowing housing market.

    Better value elsewhere.
 
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