Temple & Webster shares gain as sofas, bathroom taps boost sales
Sales at Temple & Webster, Australia’s largest online furniture and homewares retailer, rose by almost a quarter over the last six months, driven by a big increase in purchases of sofas and bathroom fixtures.
The result was better than brokers had expected and followed a softer period at the start of the financial year. Sales had picked up, the retailer told investors, to reach $313.7 million in the six months to December 31.
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