Furniture retailer Nick Scali reported a net profit after tax of $43 million for the half-year ended Dec. 31, 2023, surpassing the guided range of $40 million to 42 million.
Group written sales orders were $212.7 million, up 1.1% from the prior-year period, while Q2 FY24 sales saw an 8.2% increase.
The company's online sales orders rose by 22.5%, contributing to a consistent revenue of $226.6 million. Operating expenses were $4.8 million lower than H1 FY23.
A fully franked interim dividend of 35 cents per share was declared.