Articles On Nick Scali (ASX:NCK)

ShareCafeNick Scali Shares Soar On “Extremely Buoyant” Sales Good news from the depths of the COVID-19 campaign with furniture retailer Nick Scali telling the market that it expects a massive surge in first-half earnings for 2020-21 after a...

ShareCafeEvening Report: Market Recoups Wednesday’s Losses The Australian sharemarket bounced by 0.7%; just enough to recoup Wednesday’s decline of 0.6%. A massive 5% lift in BHP shares helped most, while retailers like Nick Scali, Harvey N...

The S&P/ASX 200 Index (ASX: XJO) rose by 0.7% today to 6,042 points. There was a slight reprieve in Melbourne for some meat production. Poultry processors can operate at 80% capacity whilst abattoirs with less than 25 employees and sea...

The Harvey Norman Holdings Limited (ASX: HVN) share price has stormed higher today and is currently trading up 7.60%. It seems investors are taking heart from a positive outlook delivered by fellow furniture retailer Nick Scali Limited (AS...

ShareCafeLunch Report: Market Jumps On Lift In Mining Stocks The Australian sharemarket is off to a solid start on Thursday, improving by 0.7% and recouping all of Wednesday’s declines. BHP is the main contributor while furniture retailer,...

Harvey Norman and Nick Scali are leading ASX gains amid optimism on their outlook, alongside lift in gold and iron ore miners.

At lunch on Thursday the S&P/ASX 200 Index (ASX: XJO) has followed the lead of U.S. markets and pushed higher. At the time of writing the benchmark index is up 0.6% to 6,038.9 points. Here’s what is happening on the market today: ResMe...

In late morning trade the S&P/ASX 200 Index (ASX: XJO) is on course to bounce back from yesterday’s decline. At the time of writing the benchmark index is up 0.5% to 6,033.3 points. Four shares that are climbing more than most today ar...

ShareCafeAustralia…One Hour In…ASX Up 37 Points – Adairs (+8.8%); see Nick Scali. – AMP (+0.3%); Australia chief executive Alex Wade has resigned with immediate effect, a week after the co-announced its 1H profits had halved. – BHP (+3.6%);...

Furniture retailer  Nick Scali (ASX:NCK) and software stock Elmo Software (ASX:ELO) both reported strong full year results despite COVID-19. Over the next few weeks, ASX companies will be releasing their full financial year results with the...

The Nick Scali Limited (ASX: NCK) share price is going nuts, it’s up 18% after the company reported its FY20 result. Nick Scali is one of Australia’s largest retailers of higher-end furniture. FY20 result Nick Scali announced that its sales...

ShareCafeOvernight: No Stopping It World Overnight SPI Overnight (Sep) 5989.00 + 27.00 0.45% S&P ASX 200 6001.30 – 36.30 – 0.60% S&P500 3327.77 + 21.26 0.64% Nasdaq Comp 10998.40 + 57.23 0.52% DJIA 27201.52 + 373.05 1.39...

At the beginning of 2020 Nick Scali (ASX: NCK) was bemoaning the state of consumer confidence in Australia, but even with the impacts of COVID-19 the company has pulled up relatively unscathed. The furniture retailer has today reported a...

Who said recessions are bad for retailers? The Nick Scali Limited (ASX: NCK) share price could be set to jump after it posted a positive profit report and predicted better times ahead. While the furniture retailer posted a 2.1% dip in FY20...

World Overnight SPI Overnight (Sep) 5989.00 + 27.00 0.45% S&P ASX 200 6001.30 – 36.30 – 0.60% S&P500 3327.77 + 21.26 0.64% Nasdaq Comp 10998.40 + 57.23 0.52% DJIA 27201.52 + 373.05 1.39% S&P500 VIX 22.99 – 0.77 – 3...

We’re just getting into the swing of things for with reporting season for ASX shares. There are a few things that I’m looking out for: COVID-19 impacts COVID-19 is obviously on every investor’s mind at the moment. Some businesses have seen...

The S&P/ASX 200 (INDEXASX: XJO) is tipped to open flat this morning according to the Sydney Futures Exchange. Here’s what you need to know as ASX reporting season gets underway. ASX 200 adds 0.5% in July The ASX 200 fell 2.0% on Friday,...

ShareCafeLocal Reporting Picks Up Pace As AMP Warns, Super Retail Delivers The pace of the Australian June 30 reporting season accelerates slightly this week. After a couple of weeks of early reports from the likes of Australian Foundation...

The skyrocketing Australian dollar is catching experts off-guard and could soon prove to be a new risk to the ASX reporting season. The Aussie battler charged above US72 cents for the first time since early 2019 and is likely to push even...

Nick Scali, InvoCare, Ingenia Group, Origin Energy and Medibank Private.

Shoppers are engaging in retail therapy despite the spectre of even more serious job losses and mounting evidence the virus is far from vanquished. According to the Australian Bureau of Statistics, retail sales rose 2.4% to $29.7 billion fo...

By Tim Boreham, Editor, The New Criterion Boom or bust: retailing’s two-speed economy Shoppers are engaging in retail therapy despite the spectre of even more serious job losses and mounting evidence the virus is far from vanquished. Accord...

The Australian furniture industry was facing challenges even prior to COVID-19. Declining discretionary income and negative consumer sentiment meant Ibisworld predicted the market would fall to $6.6 billion this year. And only a weak recov...

The government announced this week that the jobkeeper program will be extended until 28 March 2021. Obviously this has potential ramifications for ASX shares. At the moment eligible employees and sole traders are getting $1,500 a fortnight...

ASX small cap stocks are holding up better than their larger counterparts during the Wednesday sell-off with top brokers picking their latest buy ideas for the sector. The S&P/ASX SMALL ORDINARIES (Index: ^AXSO) slipped 0.8% into the r...

By Peter Switzer, Switzer Report 7 ‘honest John’ Aussie stocks with strong long-term growth Most of us have been staggered about how so many stocks have rebounded since the crash that bottomed on March 23. If you need reminding, Afterpay we...

I think it’s getting harder to invest in shares right now. Many ASX shares have performed very strongly ever since the market bottomed on 23 March 2020. Look at some of the strongest performing ASX shares. The Afterpay Ltd (ASX: APT) share...

With lockdown restrictions and many retailers closed, consumers had little choice but to shop online. And a new study from Deloitte shows just how big the COVID-19-inspired boom has been for e-commerce. E-commerce activity during the three...

I think the ASX share market seems to be at a crossroad right now. Should investors be bulls or bears in this environment? There are arguments for both sides. The S&P/ASX 200 Index (ASX: XJO) is struggling to stay above the 6,000 point...

Believe it not, retailers have emerged as a top performing sector amidst the coronavirus pandemic. Many retailers have leveraged the tailwinds of online shopping while traditional brick-and-mortar stores have also performed well. The recen...

As you may know, the furniture retailer, Nick Scali, is one of our holdings in the Montgomery Small Companies Fund and CEO Anthony Scali has just updated fund managers through a broker-arranged conference call. Strong recent sales updates f...

Australian retail spending rebounded in May, rising a record 16.3% following a 17.8% fall in April. Sales had previously jumped 8.5% in March due to stockpiling and panic buying. The May rise was the largest in the 38 years of collected da...

Nick Scali (NCK), Splitit Payments (SPT), Adairs (ADH), Hotel Property Investments (HPI)

With so many shares to choose from on the ASX, it can be hard to decide which ones to buy. The good news is that brokers across the country are doing a lot of the hard work for you. Three top shares that leading brokers have named as buys...

The S&P/ASX 200 (INDEXASX: XJO) is tipped to fall today according to the latest Sydney Futures Exchange. Bumper results A record result for retail sales, albeit off a low base, up 16.3% in May, triggered another strong rally in the ASX2...

By Greg Peel If you’re not online… The ASX200 shot out of the blocks again on Friday morning before stumbling its way to a 70 point gain by midday. As this took the index above 6000 once more, sellers appeared. Profit-taking ahead of the we...

The Consumer Discretionary index was one of the best performing indices on the ASX on 19 June 2020, ending 1.75% higher at 2,448.7. From 1 May 2020 till 19 June 2020, the index improved by ~18%. Numerous companies within the industry have p...

Retailers Adairs and Nick Scali rallied as both retailers provided positive sales updates.

The S&P/ASX 200 Index (ASX: XJO) rose by 0.1% to 5,943 points today. It was retail that dominated the headlines. According to the stats produced by the Australian Bureau of Statistics (ABS), Australian retail sales surged 16.3% in May...

Nick Scali (NCK) has seen a 20 per cent spike in sales orders since showrooms have reopened and customers have started spending again; The ...

ShareCafeLunch Report: Aussie Shares Lift By 1% The Australian sharemarket has recouped Thursday’s losses with almost all sectors higher at lunch. Retailers Adairs (ADH) and Nick Scali (NCK) are surging on solid sales. Lunch Report: Aussie...

The Nick Scali Limited (ASX: NCK) share price leapt 21% this morning following stronger than expected sales. Despite the closure of stores during lockdown, sales orders have grown 7% over the second half to date and 20.4% over the quarter...

Nick Scali shares have soared more than 20 per cent after the furniture retailer said it would bring forward a dividend it deferred at the height of the pandemic.

19 Jun 2020 - Furniture retailer Nick Scali (ASX:NCK) expects second half profits to be up between 15 per cent to 20 per cent on last year due to cost cutting and government assist…

In late morning trade on Friday the S&P/ASX 200 Index (ASX: XJO) is on course to end the week on a positive note. At the time of writing the benchmark index is up 1% to 5,996.8 points. Four shares that have climbed more than most today...

Adairs (ASX: ADH) shares are up 13% after the company gave an update this morning. What is Adairs? 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 br...

Nick Scali (ASX: NCK) has reported impressive growth in a business update, is it time to buy shares? What is Nick Scali? Nick Scali is one of Australia’s largest retailers and importers of furniture. It was founded over 50 years ago and sti...

Want to know which stocks the fund managers have been putting their money in (and out) of? We’ve been keeping track so you don’t have to. Trading Places is Stockhead’s recap of substantial holder movements among ASX small caps in the last f...

The Australian dollar certainly has been in fine form over the last few weeks. And if the economics team at Westpac Banking Corp (ASX: WBC) are to be believed, there could be more gains ahead for the local currency. Which could be good new...

Want to know which stocks the fund managers have been putting their money in (and out) of? We’ve been keeping track so you don’t have to. Trading Places is Stockhead’s recap of substantial holder movements among ASX small caps in the last f...