Inside Retail
AUGUST 11, 2023
per cent growth in net profit after tax for the year ended June 30 – a success it attributes to smart logistics management. million, while net profit after tax reached $101.1 Furniture retailer Nick Scali posted a 15.1 per cent increase in revenue and 26.1 The group reported FY23 revenue of $507.7 per cent.
Inside Retail
JUNE 19, 2023
To “right-size” the business’ cost base, other expense management initiatives have been implemented however the full benefit of these actions and lower product and shipping costs will not be seen until later this calendar year, it said. million and $4.2 million.
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Inside Retail
SEPTEMBER 15, 2021
billion – 20 per cent of which were made online – leading to a statutory net profit figure of $46.4 Myer’s profit is a strong improvement on the $172.4 Department store Myer has enjoyed the fruits of a rebounding retail environment in FY21, with total sales up 5.5 per cent to $2.65
Inside Retail
AUGUST 25, 2021
Best & Less’ first financial year as a public company exceeded its own expectations, with strong earnings and like-for-like sales growth driving a net profit result 191 per cent up on the prior year. million, leading net profit to hit $47 million for the year. The department store business saw total sales hit $663.2
Inside Retail
JULY 18, 2021
Nick Scali said it had almost doubled profit during the six months to February, with net profit hitting $40.5 We] had many challenges to navigate including government mandated store closures, supply chain issues and significant delays experienced with global shipping providers,” said managing director Anthony Scali.
Inside Retail
AUGUST 15, 2023
Meanwhile, its net profit fell by over 30 per cent to $8.3 About 70 per cent of what we sell is drop-ship, so there’s no inventory. Temple & Webster recorded $396 million in revenue in FY23, down from $426.3 million in the year prior. million, down from $12 million in FY22. million were down compared to $16.2
Inside Retail
AUGUST 25, 2021
per cent lift in net profit to $2.07 Customer scores were also impacted by availability issues, with VOC (voice of the customer) NPS decreasing two points to 45 and store-controllable VOC also decreasing two points to 80 per cent, due to global supply shortages and shipping delays. . Physical supermarket sales increased by 2.0
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