Furniture retailer Nick Scali (ASX:NCK) announced its financial results for the half-year ended Dec. 31, 2025, headlined by a 36.4% increase in statutory net profit after tax, reaching $41 million.
The growth was underpinned by a stellar performance in the Australia and New Zealand market and strategic progress in the United Kingdom.
In the ANZ region, revenue climbed 13.1% to $251.7 million, bolstered by a 1.5% improvement in gross margins.
CEO Anthony Scali attributed this "solid sales and profit growth" to a strengthening store network, with six additional ANZ locations slated to open within the current fiscal year.
Over at the UK division, revenue dropped 38.5% to $17.6 million, gross margins saw a dramatic recovery, growing from 45.1% to 59.2%.
Despite a net loss of $5.6 million in the UK, the company remains optimistic, citing the completion of store refurbishments and rebranding efforts as catalysts for improved written sales orders.
Group-wide, EBITDA rose 18.1% to $96.6 million, reflecting disciplined operational management amidst international expansion.
Shareholders are set to benefit directly from this momentum, with the board declaring an interim dividend of 39 cents per share, a 30% increase over the prior year.