Temple & Webster's Bull Likes 2H Sales Acceleration -- Market Talk

Dow Jones

May 09, 2025

0422 GMT - Temple & Webster's bull at Canaccord Genuity sees no reason for the stock to derate providing that the Australian furniture retailer keeps hitting revenue-growth targets and expanding margins. Analyst Owen Humphries tells clients in a note that the company's revenue is slightly softer than he had expected so far in the June half, but that any weakness comes amid tariff uncertainty. He points out that growth appears to have accelerated through the period and that it sounds like it is still growing. Consumer demand should grow with interest-rate cuts, he adds. Canaccord Genuity raises its target price 8.6% to A$19.00 and keeps a buy rating on the stock, which is up 2.5% at A$18.89. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

May 09, 2025 00:22 ET (04:22 GMT)

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Analyst Owen Humphries tells clients in a note that the company's revenue is slightly softer than he had expected so far in the June half, but that any weakness comes amid tariff uncertainty. He points out that growth appears to have accelerated through the period and that it sounds like it is still growing. Consumer demand should grow with interest-rate cuts, he adds. Canaccord Genuity raises its target price 8.6% to A$19.00 and keeps a buy rating on the stock, which is up 2.5% at A$18.89. (stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 09, 2025 00:22 ET (04:22 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Temple & Webster's Bull Likes 2H Sales Acceleration -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTemple & Webster's Bull Likes 2H Sales Acceleration -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-09 12:22</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0422 GMT - Temple &amp; Webster's bull at Canaccord Genuity sees no reason for the stock to derate providing that the Australian furniture retailer keeps hitting revenue-growth targets and expanding margins. Analyst Owen Humphries tells clients in a note that the company's revenue is slightly softer than he had expected so far in the June half, but that any weakness comes amid tariff uncertainty. He points out that growth appears to have accelerated through the period and that it sounds like it is still growing. Consumer demand should grow with interest-rate cuts, he adds. Canaccord Genuity raises its target price 8.6% to A$19.00 and keeps a buy rating on the stock, which is up 2.5% at A$18.89. (stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 09, 2025 00:22 ET (04:22 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TPW.AU","symbol_name":"TEMPLE & WEBSTER GROUP LTD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2534145201","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2534145201","pubTimestamp":1746764520,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0422 GMT - Temple & Webster's bull at Canaccord Genuity sees no reason for the stock to derate providing that the Australian furniture retailer keeps hitting revenue-growth targets and expanding margins. Analyst Owen Humphries tells clients in a note that the company's revenue is slightly softer than he had expected so far in the June half, but that any weakness comes amid tariff uncertainty. He points out that growth appears to have accelerated through the period and that it sounds like it is still growing. Consumer demand should grow with interest-rate cuts, he adds. Canaccord Genuity raises its target price 8.6% to A$19.00 and keeps a buy rating on the stock, which is up 2.5% at A$18.89. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"TPW.AU":"TEMPLE & WEBSTER GROUP LTD","WBS":"韦伯斯特金融"},"translate_title":"Temple&Webster的看涨者喜欢2H销售加速——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TPW.AU":0.9,"WBS":1},"content_text":"0422 GMT - Temple & Webster's bull at Canaccord Genuity sees no reason for the stock to derate providing that the Australian furniture retailer keeps hitting revenue-growth targets and expanding margins. Analyst Owen Humphries tells clients in a note that the company's revenue is slightly softer than he had expected so far in the June half, but that any weakness comes amid tariff uncertainty. He points out that growth appears to have accelerated through the period and that it sounds like it is still growing. Consumer demand should grow with interest-rate cuts, he adds. Canaccord Genuity raises its target price 8.6% to A$19.00 and keeps a buy rating on the stock, which is up 2.5% at A$18.89. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 09, 2025 00:22 ET (04:22 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}