ASX Announcements
Ceasing to be a substantial holder
Ceasing to be a substantial holder
Change of Director's Interest Notice - Coulter
Change of Director’s Interest Notice
Change of Director's Interest Notice - Yiu
Change of Director’s Interest Notice
February
ASX resets peak, BHP up 2pc; Temple & Webster shares hit record
Shares rise; Temple & Webster sets new record; gold tipped to top $US3,500; Qantas downgraded; Sigma rallies, CBA resets record; Toys”R”Us chief exits.
Temple & Webster shares gain as sofas, bathroom taps boost sales
The country’s biggest online furniture and homewares retailer beat market expectations for sales in the first half of the financial year.
January
Citi’s top small-cap stock picks for 2025
The broker released its best investment ideas for the smaller end of the sharemarket this year, which includes a retailer, a copper miner and a tech firm.
October 2024
Temple & Webster sales growth slows
The online furniture retailer is the latest to show sales momentum is slowing this half.
August 2024
Consumer resilience surprises market as retailers thump profit season
The majority of stocks upgrading fiscal 2025 guidance so far are retailers, as investors turn more positive on the market’s most problematic sector.
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.
Temple & Webster bucks retail slump, shares soar
The online furniture retailer’s shares have jumped 23 per cent after it achieved almost $500 million in sales by expanding its market share.
February 2024
Economists and investors are deeply divided – it may not end well
Investors pricing in tomorrow’s good news today may need to prepare for a test of faith, Barrenjoey’s Jo Masters says.
Online winners and losers emerge as Amazon, Temu and Shein ramp up
Domestic marketplaces have been hit hardest by Amazon’s expansion and the arrival of new players, Temu and Shein.
Temple & Webster joins the ranks of retail profit beats
The online furniture retailer delivered a record first-half result, a day after JB Hi-Fi smashed expectations and on the heels of Myer, Cettire and Nick Scali.
November 2023
Temple & Webster bucks retail downturn, posts 27pc surge in sales
The furniture store’s chief executive, Mark Coulter, says that “demographic shift trumps any of those macro trends” with more shoppers heading online.
Why Black Friday discounts could come back to bite retailers
In a desperate attempt to boost lacklustre sales, retailers have turned what was originally a short, sharp shopping promotion into an extended margin-sapping clearance sale.
Cup Day rate rise casts pall over Black Friday, Christmas spending
Retailers are counting on Black Friday to save Christmas, but the latest rate rise could dent confidence and force retailers to discount more deeply.
September 2023
Want to set up your own company? Quit your day job, says this CEO
Mark Coulter, chief executive of online furniture retailer Temple & Webster, answers our CEO Q&A.
This CEO knows what it is like to lose everything
When Temple & Webster chief Mark Coulter was a teenager his father’s business collapsed. “We lost houses and cars and everything else.”
August 2023
Retailers face triple-whammy challenge
The post-COVID normalisation in demand has coincided with a cost-of-living crunch and soaring costs, which will squeeze sales and earnings in 2024.
What we learnt from Temple & Webster, Cochlear and Pro Medicus’ results
Chanticleer columnists James Thomson and Anthony Macdonald take a deep dive into Tuesday’s key profit results.
Temple & Webster’s AI powers homewares sales
In early fiscal 2024, revenue is up 16 per cent, and AI-enhanced product descriptions have led to an increase in revenue per visit.
Forget Nvidia and consider these ASX stocks instead
AI’s refashioning of office jobs and workplaces will be so broad it will throw up many unexpected winners.
May 2023
The ASX stocks that could ride the AI boom like Nvidia
AI has lit a fire underneath tech stocks, but investors are split over whether the innovation will transform business models or end up a fad like blockchain or 3D printing.