InvestSMART

Nick Scali Limited (ASX:NCK)

ALERT: Price-sensitive ASX Announcement for NCK
Current share price for NCK : $16.240 -7.55 (-31.74%)+
Release
13 Feb 2026 8:42AM
Price at Release
$23.790
Full Release
download
Summary
Nick Scali Limited announced robust financial results for the first half of FY26, with a significant increase in statutory net profit after tax driven by solid sales growth in Australia and New Zealand. The group's revenue and gross profit margin improved, reflecting effective business strategies. However, UK operations experienced a loss due to store closures for refurbishments. The company declared a fully franked interim dividend and is focused on expanding its store network across ANZ and exploring new opportunities in the UK.
Key Points
  • Nick Scali Limited reported a statutory net profit after tax of $46.6 million for the first half of FY26, a 36.7% increase from the previous year.
  • ANZ Group's revenue for the period was $251.7 million, marking a 13.1% growth over the first half of FY25.
  • The gross profit margin for ANZ Group increased by 150 basis points to 65.9%.
  • UK operations faced a statutory net loss of $5.6 million due to store closures for refurbishments.
  • Group revenue for Nick Scali Limited was $269.3 million, a 7.2% increase from the previous year.
  • The directors declared a fully franked interim dividend of 39 cents per share.
  • Nick Scali plans to expand its store network with six new stores in ANZ and several opportunities under negotiation in the UK.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.