Highlights

  • Nick Scali reported FY2026 Revenue of A$516.7 million.
  • The company operates furniture retail stores across Australia, New Zealand and the United Kingdom.
  • UK operations improved during FY2026 following the Fabb Furniture acquisition.
  • Gross Margin increased during the financial year.
  • The company declared a fully franked final Dividend of 39 cents per share.

Nick Scali Limited (ASX:NCK) is a furniture retailer designing, sourcing and selling lounges, dining furniture and bedroom products through its store network. The company operates across Australia, New Zealand and the United Kingdom, with FY2026 results reflecting performance across its established ANZ Business and expanding UK operations.

FY2026 Financial Performance

Nick Scali reported its FY2026 result on 7 August 2026. Group revenue increased 4.3% to A$516.7 million, while underlying net profit after tax increased 22.1% to A$75.7 million. Statutory profit increased 31%.

Gross margin expanded by 210 basis points to 65.6%. The board declared a fully franked final dividend of 39 cents per share, taking the full-year dividend to 78 cents per share.

Business Operations

Nick Scali operates furniture retail stores under the Nick Scali and Plush brands in Australia and New Zealand. The company entered the United Kingdom market through the Acquisition of Fabb Furniture in 2024.

At July 2026, the group operated 114 stores across Australia and New Zealand and 18 UK locations.

Recent Developments

The UK division showed improved performance during FY2026. The business reduced its loss compared with the previous year and recorded a statutory profit in the second half.

UK written orders increased during the year, while gross margin improved following changes to the business model.

Financial Position and Outlook

The ANZ business remained the main contributor during FY2026, generating A$476.7 million of revenue and underlying net profit after tax of A$80.5 million.

The company reported A$106.6 million of cash and a net cash position of A$34.9 million after borrowings. Future updates will provide further information on trading conditions and UK performance.

Key Risks

Furniture Demand is influenced by consumer spending and housing conditions. The company also faces factors including freight costs, currency movements, competitive conditions and the ongoing development of its UK operations.

Key Insights

Nick Scali’s FY2026 performance highlights the contribution of its established ANZ operations and the developing role of the UK business. Future company disclosures will provide further information on store performance, margins and customer demand.