Articles On Nick Scali (ASX:NCK)

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...

What will happen to ASX shares if Australian house prices do actually fall 30% like some economists are predicting. A lot is being made of the Commonwealth Bank of Australia (ASX: CBA) predicted scenario where house prices may fall 30% due...

Is it time to invest in shares or wait on the sidelines whilst the ASX share market keeps rising? The S&P/ASX 200 Index (ASX: XJO) has risen by 20% since 23 March 2020 in what has been a surprisingly strong recovery so soon after the i...

World Overnight SPI Overnight (Jun) 5348.00 – 48.00 – 0.89% S&P ASX 200 5384.60 – 22.50 – 0.42% S&P500 2848.42 – 20.02 – 0.70% Nasdaq Comp 8854.39 + 45.27 0.51% DJIA 23664.64 – 218.45 – 0.91% S&P500 VIX 34.12 + 0.5...

ShareCafeOvernight: Struggling For Air World Overnight SPI Overnight (Jun) 5348.00 – 48.00 – 0.89% S&P ASX 200 5384.60 – 22.50 – 0.42% S&P500 2848.42 – 20.02 – 0.70% Nasdaq Comp 8854.39 + 45.27 0.51% DJIA 23664.64 – 218....

Some market experts are warning that the S&P/ASX 200 Index (Index:^AXJO) is looking too expensive since it bounced strongly from the bear market bottom in March. The worry is that the looming global recession triggered by the COVID-19...

The S&P/ASX 200 Index (ASX: XJO) climbed 4.6% this week with volatility starting to calm down. Investors continue to fear the effects of the coronavirus on the domestic and global economy. Here are some of the highlights from the week:...

The coronavirus is causing enormous economic disruption and even worse human impacts. A number of businesses have already delayed or cancelled their dividends like Harvey Norman Holdings Limited (ASX: HVN), Nick Scali Limited (ASX: NCK) an...

The coronavirus has caused a large share market sell-off almost across the board. The S&P/ASX 200 Index (ASX: XJO) has fallen by 28% since the start of the falls. Some shares have been sold off more than others. Banks like Australia an...

Australian furniture store Nick Scali (NCK) has temporarily shut its doors due to the coronavirus; This announcement follows orders from the ...

Furniture retailer Nick Scali (ASX: NCK) has announced it will temporarily shut all stores from the close of business today, standing down the majority of its 500-strong workforce in the process. The group said it took the decision due to...

Small cap discretionary retailers have been among the biggest losers in this market rout.  But, sifting through the wreckage, we’ve found some great businesses that could bounce strongly if the worst-case scenario being priced in by the mar...

Thinking long-term is helping me get through the coronavirus crisis on both the share market and healthcare side of things. Australian life has completely changed over the past few weeks because of the coronavirus. But it’s there to help k...

Here it is – your weekly look at the stocks fund managers are buying (and selling). Trading Places is Stockhead’s recap of substantial holder movements among ASX small caps in the last week. Substantial shareholders are shareholders holding...

Earlier today, Michael Hill International Ltd (ASX:MHJ) announced that the company has suspended the operations of its stores in Australia and New Zealand. In afternoon trade, Michael Hill shares are down 20% to trade at 22 cents. Here’s w...

In afternoon trade the S&P/ASX 200 Index (ASX: XJO) is bouncing back and is on course to record a solid gain. At the time of writing the benchmark index is up 2.7% to 4,668.6 points. Four shares that have failed to follow the market hi...

In case you haven’t picked it up, there’s a trend on the ASX for companies to cancel or defer dividend payments. Engineering contractor Downer EDI Limited (ASX: DOW) is the latest on the S&P/ASX 200 Index (Index:^AXJO) (ASX:XJO) to del...

The Nick Scali Limited (ASX: NCK) share price will be one to watch on Tuesday after the release of an after hours COVID-19 update yesterday. What did Nick Scali announce? In response to the COVID-19 outbreak, Nick Scali advised that it has...

Declining sales have not impacted all areas of the retail landscape equally. Retail trade in Australia is predicted to grow at a measly 1.1% per annum between 2017 and 2022, however, the outlook is brighter within certain subsectors. Reven...

The Nick Scali Limited (ASX: NCK) share price continued on from its 11% surge yesterday, climbing a further 3.75% today. This comes after the furniture retailer delivered better than expected results for H1 FY20 yesterday morning.  Net pro...

According to the latest data from the Australian Bureau of Statistics (ABS), retail turnover fell by 0.5% in December to $27.77 billion in a sign of continued weak demand in the sector. Shoppers are increasingly choosing to bring their Ch...

The S&P/ASX 200 index is on course to end the week deep in the red. In afternoon trade the benchmark index is down 0.6% to 7,007.2 points. Four shares that have not let that hold them back today are listed below. Here’s why they are st...

With reporting season about to commence amid the bush fires and coronavirus, the environment is ripe for more positive and negative surprises than we have seen in some time. Meanwhile the ASX 200 industrial index, excluding financials, is t...

Nick Scali (NCK) +10.80%; shot to new 52-week highs today despite falling sales in both LFL and overall metrics as well as falling margins. Nick Scali noted a slip in sales back in October last year, blaming slowing housing sales and renova...