Nick Scali Can Outperform Despite Stiff Headwinds

Dow Jones

Jul 15

2348 GMT - Furniture retailer Nick Scali likely faces flat-to-nominal sales growth in FY27 and pressure on its gross margin, says Bell Potter. However, these headwinds should be cushioned by the strength of the Australian dollar and cost control. Bell Potter cuts its FY27 EBIT forecast by 6% to 136.5 million Australian dollars, and trims its underlying net profit estimate by 7% to A$86.6 million. Higher interest rates are crimping households' ability to spend and rattling consumer confidence. "We expect challenging trading conditions over the next nine months and view FY27 as the cyclical low point for most retailers," analyst Chami Ratnapala says. Bell Potter thinks Nick Scali can outperform other retailers and retains a buy call on the stock. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

July 14, 2026 19:48 ET (23:48 GMT)

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/news/2651487822"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2651487822\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2651487822?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-15 07:48","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2651487822","market":"us","top_or_hot":-1,"title":"Nick Scali Can Outperform Despite Stiff Headwinds","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2348 GMT - Furniture retailer <a href=\"https://laohu8.com/S/NCKIF\">Nick Scali</a> likely faces flat-to-nominal sales growth in FY27 and pressure on its gross margin, says Bell Potter. However, these headwinds should be cushioned by the strength of the Australian dollar and cost control. Bell Potter cuts its FY27 EBIT forecast by 6% to 136.5 million Australian dollars, and trims its underlying net profit estimate by 7% to A$86.6 million. Higher interest rates are crimping households' ability to spend and rattling consumer confidence. \"We expect challenging trading conditions over the next nine months and view FY27 as the cyclical low point for most retailers,\" analyst Chami Ratnapala says. Bell Potter thinks <a href=\"https://laohu8.com/S/NCK.AU\">Nick Scali</a> can outperform other retailers and retains a buy call on the stock. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 14, 2026 19:48 ET (23:48 GMT)\n</p>\n<p>\n  Copyright (c) 2026 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>Nick Scali Can Outperform Despite Stiff Headwinds</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\">\nNick Scali Can Outperform Despite Stiff Headwinds\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\">2026-07-15 07:48</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2348 GMT - Furniture retailer <a href=\"https://laohu8.com/S/NCKIF\">Nick Scali</a> likely faces flat-to-nominal sales growth in FY27 and pressure on its gross margin, says Bell Potter. However, these headwinds should be cushioned by the strength of the Australian dollar and cost control. Bell Potter cuts its FY27 EBIT forecast by 6% to 136.5 million Australian dollars, and trims its underlying net profit estimate by 7% to A$86.6 million. Higher interest rates are crimping households' ability to spend and rattling consumer confidence. \"We expect challenging trading conditions over the next nine months and view FY27 as the cyclical low point for most retailers,\" analyst Chami Ratnapala says. Bell Potter thinks <a href=\"https://laohu8.com/S/NCK.AU\">Nick Scali</a> can outperform other retailers and retains a buy call on the stock. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 14, 2026 19:48 ET (23:48 GMT)\n</p>\n<p>\n  Copyright (c) 2026 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":"NCK.AU","symbol_name":"NICK SCALI LTD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2651487822","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2651487822","pubTimestamp":1784072880,"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":"2348 GMT - Furniture retailer Nick Scali likely faces flat-to-nominal sales growth in FY27 and pressure on its gross margin, says Bell Potter. However, these headwinds should be cushioned by the strength of the Australian dollar and cost control. Bell Potter cuts its FY27 EBIT forecast by 6% to 136.5 million Australian dollars, and trims its underlying net profit estimate by 7% to A$86.6 million. Higher interest rates are crimping households' ability to spend and rattling consumer confidence. \"We expect challenging trading conditions over the next nine months and view FY27 as the cyclical low point for most retailers,\" analyst Chami Ratnapala says. Bell Potter thinks Nick Scali can outperform other retailers and retains a buy call on the stock.  Dow Jones NewswiresJuly 14, 2026 19:48 ET Copyright  2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NCK.AU":"NICK SCALI LTD","BK7107":"家庭装饰零售"},"translate_title":"尽管面临严峻的阻力，尼克·斯卡利仍能表现出色","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NCK.AU":0.9},"content_text":"2348 GMT - Furniture retailer Nick Scali likely faces flat-to-nominal sales growth in FY27 and pressure on its gross margin, says Bell Potter. However, these headwinds should be cushioned by the strength of the Australian dollar and cost control. Bell Potter cuts its FY27 EBIT forecast by 6% to 136.5 million Australian dollars, and trims its underlying net profit estimate by 7% to A$86.6 million. Higher interest rates are crimping households' ability to spend and rattling consumer confidence. \"We expect challenging trading conditions over the next nine months and view FY27 as the cyclical low point for most retailers,\" analyst Chami Ratnapala says. Bell Potter thinks Nick Scali can outperform other retailers and retains a buy call on the stock. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 14, 2026 19:48 ET (23:48 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}