Chanticleer
How Temple & Webster won day two of profit season
CSL was the headline result, but it was Seek which was hit hardest on results day. Here’s what caught our eye.
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The big result | You could have been forgiven for thinking you were on an American conference call on Tuesday, as online furniture retailer Temple & Webster delivered its 2024 result. Almost every analyst question started with a congratulatory message for chief executive Mark Coulter.
And why not? The result blew market expectations away, with earnings before interest, tax, depreciation, and amortisation delivering $13.1 million, about 23 per cent above what investors were looking for.
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