Nick Scali’s net profit plunges amid Fabb Furniture acquisition
Inside Retail
AUGUST 8, 2024
Furniture retailer Nick Scali’s net profit plunged 20.3 million to group operating expenses in the fiscal second half. However, the group expects UK written sales orders to be down due to tougher market conditions, supply chain disruptions prolonging lead times, and ongoing store refurbishments.
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