0006 GMT - Temple & Webster's bull at RBC says the Australian furniture retailer's latest update looks very soft. Analyst Wei-Weng Chen tells clients in a note that the midpoint of the online retailer's 665 million Australian dollars to A$675 million annual revenue guidance is about 6% short of the A$714.8 million consensus forecast. He says that Ebitda guidance misses by even more, with the midpoint of the company's range about 30% below consensus. Chen says he finds it hard to believe that Temple & Webster can achieve both its short-term profitability target and medium-term revenue target. RBC has a last-published outperform rating and a target price of A$10.00 on the stock, which is currently down 9.8% at A$4.80. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

May 12, 2026 20:06 ET (00:06 GMT)

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