Nick Scali shares climb on AGM update
Carrie LaFrenzSenior reporter
Nick Scali shares rose on Thursday after the sofa and homewares company provided first-half profit guidance ahead of market expectations, with trading still down but steadily improving.
The retailer joined Beacon Lighting in reporting improving trading momentum in a market where shoppers have largely been shunning bigger ticket items, putting money towards the growing cost-of-living expenses.
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