Temple & Webster confessed to a slowdown in sales growth, but has stuck to its margin guidance for the 2025 financial year and its medium-term target of becoming a $1 billion company in revenue terms.
Turnover for the online furniture retailer from July 1 to October 24 was up 21 per cent, slightly weaker than the first six weeks of financial year 2025 trading when sales were up 26 per cent to August 11, as shoppers peeled back spending.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
