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Nick Scali Limited ( (AU:NCK) ) has issued an update.
Nick Scali has upgraded its trading outlook for the first half of FY26, with revenue in Australia and New Zealand now expected to be 10%–12% higher than the previous year, compared with its earlier guidance of 7%–9%. The stronger-than-anticipated sales performance is set to lift statutory net profit after tax to between $37 million and $39 million, up from prior guidance of $33 million to $35 million, signalling resilient demand in its core markets and a more robust earnings trajectory for shareholders heading into the second half.
The most recent analyst rating on (AU:NCK) stock is a Buy with a A$27.00 price target. To see the full list of analyst forecasts on Nick Scali Limited stock, see the AU:NCK Stock Forecast page.
More about Nick Scali Limited
Nick Scali Limited is an Australian furniture retailer operating across Australia and New Zealand, specialising in lounges, dining and other home furnishings for the mid-to-upper market segment. The company runs a network of showrooms supported by an integrated supply chain, positioning it as a key player in the regional furniture and homewares market.
Average Trading Volume: 304,578
Technical Sentiment Signal: Buy
Current Market Cap: A$1.81B
For an in-depth examination of NCK stock, go to TipRanks’ Overview page.