Temple & Webster's improved sales growth over the last few weeks of 2025 was likely due to the easing of order backlogs, Jarden analyst Aryan Norozi says. While waiting on more detail from management, Norozi points out that trading updates including the one issued in November reflect checkout revenue. Total first-half revenue is based on accounting, he adds. Norozi tells clients in a note that the online furniture retailer's current Ebitda run rate suggests that it is tracking below consensus for the full fiscal year. Jarden has a last-published buy rating and A$19.90 target price on the stock, which is down 24% at A$8.65. stuart.condie@wsj.com)
(END) Dow Jones Newswires
February 11, 2026 18:32 ET (23:32 GMT)
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