Nick Scali Limited Reports Earnings Results for the Full Year Ended June 30, 2020
August 05, 2020 at 06:16 pm EDT
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Nick Scali Limited announced earnings results for the full year ended June 30, 2020. For the full year, the company announced sales was AUD 262.480 million compared to AUD 268.025 million a year ago. Net income was AUD 42.076 million compared to AUD 42.116 million a year ago. Basic earnings per share from continuing operations was AUD 0.519 compared to AUD 0.52 a year ago.
Nick Scali Limited is a furniture retailer operating in Australia and New Zealand. The Company is engaged in the sourcing and retailing of household furniture and related accessories. Its sofas and armchairs collection include recliner sofa collections, leather sofa collections, fabric sofa collections, occasional armchairs, and others. Its living room collections include TV and entertainment units, coffee tables, side tables, console and hallway tables, and others. Its dining room collections include dining tables, dining chairs, and buffet tables and sideboards. Its bedroom collections include mattresses, bedframes, bedside tables, and dressers, among others. Its rugs and accessories collections include rugs and mirrors. It imports more than 5,000 containers of leather and fabric lounges as well as dining room and occasional furniture. The Company has stores located in New South Wales, Queensland, Victoria, Tasmania, South Australia, Western Australia, and others.