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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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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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    Original URL: https://www.afr.com/chanticleer/how-temple-and-webster-won-day-two-of-profit-season-20240813-p5k1wu