This Nick Scali investment analysis examines one of Australia’s most consistently profitable furniture retailers, a business anchored by dominant ANZ operations but increasingly defined by the execution risk of its UK expansion. With shares trading around A$23.18 as of December 2025, up roughly 54% year to date, investors are weighing strong domestic fundamentals against near term losses offshore.
Company Overview
Founded in 1962 by Italian immigrant Nick Scali, the company built its reputation on European inspired furniture offered at accessible price points. From a single Melbourne store, Nick Scali. . .
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