2337 GMT - Temple & Webster's first-half result contained something for both bulls and bears, RBC Capital Markets analyst Wei-Weng Chen tells clients in a note. Chen says that the major positive for those who think the Australian furniture retailer can deliver long-term margin expansion is the acceleration in sales growth late in the December half. He thinks skeptics will focus on its large Ebitda miss relative to consensus forecasts, which was led by discounting to drive that revenue growth. RBC has a last-published outperform rating and A$11.40 target price on the stock, which is down 23% at A$8.72. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
February 11, 2026 18:37 ET (23:37 GMT)
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