Last week we announced our results for the year ended 30th of June 2024. We are pleased to share that the group achieved an underlying net profit (after tax) of $82.1m. Group written sales orders were $454.2m. In May 2024 we entered the UK market with the acquisition of UK furniture retailer, Fabb Furniture.
Nick Scali Limited
Furniture and Home Furnishings Manufacturing
Sydney, NSW 5,195 followers
About us
Nick Scali Furniture was established over 50 years ago and is now one of Australia & New Zealand's largest importers of quality furniture. Nick Scali sources its products from around the world and imports directly from some of the largest and most respected manufacturers globally. Quality is of paramount importance and we go to great lengths to ensure that all the lounges carrying the Nick Scali brand meet the most rigorous tests, so that they will stand the test of time. Nick Scali Furniture imports over 5,000 containers of furniture per year. This large volume provides great buying power, ensuring quality and comfort at a price you can afford. Working for Nick Scali Working at a Nick Scali Furniture store provides an unparalleled opportunity for those who love selling to become the best you can be. In addition to our highly competitive salary packages, our Marketing & Advertising Strategies ensure the volume and opportunity to drive significant sales and commissions. As a sales-driven organisation we welcome talented, high-energy, self-motivated salespeople who are driven to create superior incomes for themselves and their families. We are always looking for talented: • Retail Sales Consultants • Managers-In-Training • Retail Store Managers While a retail sales background is preferred, we also employ sales professionals from many other industries and business backgrounds including high-ticket sales and luxury brands. Want to find out more or apply for a specific role in your area please click here: https://www.nickscali.com.au/careers
- Website
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http://www.nickscali.com.au
External link for Nick Scali Limited
- Industry
- Furniture and Home Furnishings Manufacturing
- Company size
- 501-1,000 employees
- Headquarters
- Sydney, NSW
- Type
- Public Company
- Founded
- 1961
- Specialties
- Furniture, Retail, and Customer Service
Locations
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Primary
Triniti 2, Level 7
39 Delhi Rd, North Ryde
Sydney, NSW 2113, AU
Employees at Nick Scali Limited
Updates
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Meet Manly - where luxury meets innovation. A cutting-edge recliner lounge that combines comfort and technology for the perfect cinema-room experience. Adjust the headrest with ease using a telescopic mechanism for personalised support. The armrests feature pull-out storage with drink holders and compartments for essentials. Crafted with premium and intentionally sourced materials, the console includes an electric drinks holder and wireless phone charging pad. The Manly is 50% off during our Half Yearly Clearance. Visit us in-store or shop online. https://lnkd.in/g_bPk-mQ
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On Wednesday morning, we had the pleasure to announce to the ASX that we have acquired a furniture brand in the UK. The acquisition of Fabb Furniture provides an opportunity to enhance our geographic diversity and scale beyond Australia and New Zealand for the first time. The Acquisition provides us an immediate entry point into the large UK market with a 21-store network across key locations; a scaled platform to establish the Nick Scali brand and product offering in an attractive new market. Fabb Furniture's gross margin is estimated to be approximately 10 percentage points lower than larger UK competitors on a like for like basis. As we did when we acquired Plush, we believe we can leverage the Nick Scali buying power, combined with our supply chain and logistics capabilities, to deliver significant gross margin uplift for the UK business. Anthony Scali, CEO https://lnkd.in/gyzmTBmz https://lnkd.in/g3sVtsw7