Articles On Nick Scali (ASX:NCK)

Regular readers may know that I like to keep a close eye on insider buying and selling.  This is because insider buying can be a bullish indicator and vice versa for insider selling. In addition to this, I’ve been keeping an eye on what su...

One of the toughest industries to make any decent money is retail. Local suburb shops are really struggling and large ASX retail businesses aren’t finding it much easier. According to reporting by News.com.au, yet another retailer has gone...

Australian sales remain the critical weak spot for Harvey Norman in the lead up to the festive season as the retailer's key categories face a tough consumer environment. -Australian decline puts pressure on core franchising operations -...

ASX retail stocks may come under pressure as we head into the all-important Christmas trading season as expectations for a spending boost starts to fade. The latest Deloitte Christmas Survey found that only 62% of retailers are expecting h...

One of the best pieces of advice for any regular person is to start investing in a share portfolio. It can be a good strategy just to invest in exchange-traded funds (ETFs) like iShares S&P 500 ETF (ASX: IVV). But whilst you get exposu...

You can’t underestimate the importance of retail spending. When nations open their wallets, it stimulates the economy. So, it’s worrying that the latest ABS data show retail spending is weak and getting weaker. But not all our retailers are...

A retail store or retailer is a business enterprise whose primary source of income comes from retailing. It comprises of all the activities which are involved in selling of goods and services to final consumer for personal or non-business u...

There are plenty of analysts who are being cautious on ASX retail shares at the moment. Retail has always been a tough sector. There are lots of competitors from Reject Shop Ltd (ASX: TRS), to giants like Wesfarmers Ltd (ASX: WES). There a...

Lovisa Holdings Limited (ASX: LOV) shares are down 4.5% following the release of their Annual General Meeting presentation. Are Lovisa shares now good value? About Lovisa Lovisa was established in 2010 and has rapidly become one of Australi...

Nick Scali Limited (ASX: NCK), a furniture retailing company, reported excellent results for the financial year 2019, with a seventh consecutive year of profit growth and record sales of $268 million- an increase of 7% on the financial year...

Adairs (ASX: ADH) has released a trading update as part of its annual general meeting (AGM). Adairs is a home furnishings retailer that opened its first store in Victoria in 1981. Around 90% of Adairs’ range that is sold is private brand. A...

**This is an extract from the Market Matters Morning Report from 21 October. Subscribers have the opportunity to ask questions of the Market Matters team throughout the week. Click here to get access to the full report and more Question 5 “...

ANZ (ASX: ANZ) CEO Shayne Elliot has said that a lot of people think Australia is in a recession. ANZ is a leading Australian and New Zealand banking institution, with a presence throughout the oceanic region. ANZ is one of the Big Four Aus...

Stock Kogan.com (KGN) $6.93 as at 23/10/2019 Event Online retailer Kogan is currently trading slightly lower today, despite being as high as $7.50 earlier in the session, 7.5% better than yesterday’s close. The retailer was out with a busin...

On 22 October 2019, the benchmark index S&P/ ASX 200 last traded at 6677.3 points, moving up by 0.4% from its previous close. Also, some of the stocks from the ocean of ASX have shown a decent growth in the trading session. In this arti...

By Rudi Filapek-Vandyck, Editor FNArena Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macquarie, Morgan Stanley, Morgans, Ord Minnett and UBS. For th...

Retailers are struggling as Australian households continue to tighten their purse strings in the face of economic uncertainty. Consumer spending is down, leaving a wave of retailers in sectors from clothing to fast food to shut up shop. Th...

Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Wednesday. Here’s a short recap of the Australian market: S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) higher 1.27%...

From sinner to winner in the space of a day! The Nick Scali Limited (ASX: NCK) share price rebounded from yesterday’s share sell-off that was triggered by a profit warning. But the gloom didn’t last long with the NCK share price surging 3....

Many of Australia’s top brokers have been busy adjusting their financial models again, leading to the release of a large number of broker notes this week. Three broker buy ratings that have caught my eye are summarised below. Here’s why br...

The International Monetary Fund is warning about Australia’s growth, so I’m looking at shares that could protect against a recession. Is Australian Growth Slowing? The IMF has lowered the expected growth rate for Australia to just 1.7% acco...

Shares in discount retailer Reject Shop Ltd (ASX: TRS) will be on watch today after the company released a positive trading update this morning. Reject Shop is a discount retailer that sells a variety of items including food & drink, he...

World Overnight SPI Overnight (Dec) 6683.00 + 52.00 0.78% S&P ASX 200 6652.00 + 9.40 0.14% S&P500 2995.68 + 29.53 1.00% Nasdaq Comp 8148.71 + 100.06 1.24% DJIA 27024.80 + 237.44 0.89% S&P500 VIX 13.54 – 1.03 – 7.07...

After a drop in early trade the Australian share market managed to maintain momentum and closed 0.1 per cent higher. Southern Cross Media ...

Three of Australia’s premier retailers are suffering share price falls today despite the wider market pushing slightly higher. Is this a sign of things to come for the consumer discretionary sector? Nick Scali Llimited (ASX: NCK) Earlier t...

Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Tuesday. Here’s a short recap of the Australian market: S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) higher 0.17% t...

Stock Nick Scali (NCK) $6.20 as at 15/10/2019 Event Mid-tier furniture retailer Nick Scali has seen its shares tumble as much as 22% this afternoon after a midday release to market that showed a dive in sales. The trading update noted falli...

Australian retail trading conditions have been named as the reason behind Nick Scali's (ASX: NCK) latest profit downgrade. Citing "difficult trading conditions", listed furniture retailer Nick Scali has downgraded its 1H20 NPAT from $25 m...

Is Australia starting to enter a recession? Australia hasn’t had a recession for two and a half decades. Even in the June 2019 quarter the country’s GDP showed an increase of 0.5%, or 1.4% for the 12 month period. One could argue that it h...

The share price of Nick Scali Limited (ASX: NCK) is swiftly down around 20% after the company announced a negative trading update. Nick Scali is one of Australia’s largest retailers and importers of furniture. It was founded over 50 years a...

It has been a mixed day of trade for the S&P/ASX 200 index on Tuesday. Although it is off its lows, the benchmark index is trading ever so slightly lower at 6,639 points this afternoon. Four shares that have fallen more than most today...

The Nick Scali Limited (ASX: NCK) share price is down 17% in lunchtime trade after the furniture retailer warned “difficult trading conditions” could see fiscal 2020 profit fall more than 30% below fiscal 2019.  It now expects this fiscal...

In afternoon trade the S&P/ASX 200 index is on course to start the week on a positive note. At the time of writing the benchmark index is up 0.4% to 6,544.4 points. Four shares that have failed to follow the market higher today are lis...

Retail Industry Retail Industry provides products such as food, apparel, furniture, jewellery, etc. The industry has been evolving, as more and more brick & mortar-based retailers are accessing online channels to pursue growth and bett...

Although the All Ordinaries has just had a couple of disappointing days of trade, not all shares have dropped lower with the index. In fact, the three shares listed below have continued to race higher and climbed to 52-week highs or better...

The Australian Government seems to want house prices to rise by 10% to help boost the economy, which ASX shares will benefit? What Has Happened? Treasurer Josh Frydenberg is going to give a speech to the Australian Financial Review’s Proper...

The smaller end of the stock market delivered a mixed bag during the recent reporting season. But if you sift through the company reports, you’ll find five themes common to those that provided positive reports and/or outlook statements. The...

UBS was in the market on Monday night, seeking buyers for a slice of shares in Nick Scali. 

With reporting season sprinting to the end, on a fundamental level it is not all doom and gloom, there are winners (and losers). We notice a clear winner in companies with direct consumer exposure. What are our observations on the cyclical...

Australia is one of those attractive economies, which is ever evolving in the dynamics surrounding the world. An educated, tech-savvy and financially stable economy, Australians are categorised amongst the most urbanised societies of the cu...

Dear time-poor reader: early update on corporate results, plus a longer-term assessment of CSL. In this week's Weekly Insights:-Financial Joke -August Reporting Season: Early Progress Report -CSL Challenge: The Key Ingredient-Rudi Talks...

Does it seem as though the ASX 200 (ASX: XJO) is now completely safe from recession? Earlier this year I would have said there’s a fair chance we may have seen a recession by the end of FY20. But now that possibility is looking a bit less...

It's a tough year ahead for Nick Scali as conditions are subdued and the furniture retailing business is dependent on a turnaround in housing activity. -Noticeable decline in the same-store sales trends -Attractive dividend yield and undema...

Reporting season has kicked off, and the results are in from some of our ASX heavyweights. So, how have they fared, and how has the market reacted? As I wrote in a blog post last week, the valuations in the Australian market are in general...

Investors were encouraged by the performance of Nick Scali (ASX: NCK) today as shares in the furniture retailer pushed 8 per cent higher, with managing director Anthony Scali describing the record result as "satisfactory". The group notch...

Australia's weak housing market has hit furniture retailer Nick Scali's full-year earnings, with the company slashing its dividend four cents amid slow ...

One of the best performers on the All Ordinaries index on Thursday has been the Nick Scali Limited (ASX: NCK) share price. In early afternoon trade the furniture retailer’s shares are up almost 8% to $6.62 following the release of its full...

Jatenergy (ASX: JAT) have announced acquisition of a private Victorian milk powder company meaning it now has control of its supply chain. It will pay $14 million – $12 million in cash and $2 million in shares – and own 70 per cent of the c...

The Nick Scali Limited (ASX: NCK) share price will be on watch this morning after reporting another record net profit. Nick Scali is one of Australia’s largest retailers and importers of furniture. It was founded over 50 years ago and still...

The company said same store sales were flat for most of the year, with some decline in the fourth quarter. This trend has continued into the FY20 year ...