Nick Scali Furniture

Nick Scali Furniture
TypePublic
ASXNCK
IndustryRetail: Furniture, Dining, Lounge, Living Room and Chairs
Headquarters,
Australia
Key people
John Ingram (Non-Executive chairman)
Anthony Scali (managing director)
Greg Laurie (Non- Executive Director)
Nick Scali (Non- Executive Director)
Catrina Damasceno (non-executive director)
Chris Malley (chief financial officer)
Number of employees
360 approx. (August 2017)
Websitenickscali.com.au

Nick Scali Limited is a publicly listed Australian company that imports and retails furniture such as lounges, dining tables, coffee tables, chairs, and entertainment units. It was founded in 1962 by Nick D. Scali.[1]

The company specializes in leather and fabric lounges, as well as dining room and bedroom furniture. Nick Scali imports more than 12,000 containers of furniture per year worldwide, operating multiple showrooms and distribution centres in Australia.[2]

Stores and distribution centres

As of 30 June 2016 the total number of showrooms was 47[3] and 6 distribution centres under Nick Scali Ltd, and the company continues to expand Australia-wide and into New Zealand.

Company information

The Company has most recently reported a sales revenue increase of 30.4% for the Financial Year 2016, reaching $203 million.[3] The Company's gross margin sits at 60.8% for the Financial Year 2016 and is indicative of a preferred Company trend, given the previous years' gross margin was 60.7%.

References

  1. ^ [1]"Corporate Profile"]. NickScali.com.au
  2. ^ "Nick Scali Reports Profit". Google Finance. p. Google Finance Nick Scali Profile. Retrieved 30 August 2012.
  3. ^ a b "Nick Scali Ltd Annual Report 2016" (PDF).

External links