Articles On Nick Scali (ASX:NCK)

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 ...

In this week’s recap of substantial holders, James Baillieu has bought into Candy Club (ASX: CLB), WiseTech’s Michael Gregg bought into Oliver’s Real Foods (ASX: OLI) and Delphi bought a 14.6 per cent stake in Variscan Mines (ASX: VAR). Sub...

With the market on a tear, bargains are hard to come by. But patient investors might soon find some joy in businesses exposed to the residential construction sector – potentially firms like Bingo and Nick Scali – whose share prices could co...

Retail Sector Be it fashion, furniture or electronics, Australia has it all, being a top urbanised society. Market experts believe that the Aussie independent retailers are one of the top performers across the world. The thriving and health...

Retailing is the process of making products available to customers and simultaneously earning a profit using multiple channels of distribution. Retailing is one of the fastest growing and challenging industries. Supply chain in the retail s...

Is it possible that the ASX banking sector is going to cause the next crash? One could argue that the actions of Commonwealth Bank of Australia (ASX: CBA), Westpac Banking Corp (ASX: WBC), Australia and New Zealand Banking Group (ASX: ANZ...

The latest RBA rate cut indicates all is not well in the Australian economy, and retail and housing data seem to back this up.  It’s time to be selective about where you invest. While sentiment might have improved of late, actual spending h...

I’ve been thinking about investment bubbles in the last few days. If you read most of my articles you’ll know that I recently admitted I have been going back and watching all of Berkshire Hathaway’s AGM videos on YouTube. It is fascinating...

The Accent Group Ltd (ASX: AX1) share price closed 6.34% higher today at $1.51. With no news from the company, the jump in share price could be attributed to an Australian Financial Review (AFR) article which reported the company’s expans...

In this week’s recap of substantial holders, a Dubai executive bought into Prospect Resources (ASX: PSC), Salt Funds Management sold $8.3 million of Monash IVF (ASX: MVF) and a tin company raised $20 million to save itself from the ‘three-y...

The Nick Scali Limited (ASX: NCK) share price has been on an impressive run, gaining more than 45% since January.  This dramatic rise, however, only returns NCK shares to the same price range they were in 12 months ago.  For investors in N...