TEMPLE + WEBSTER GRP

Temple & Webster reported record revenue of A$665 million for FY2026 and improved profitability, with over 50% of revenue coming from exclusive and own brands for the first time. Management, however, said revenue fell 13% in the first seven weeks of FY2027 and withheld a revenue forecast, sending the share price down about 17%. For FY2027 the company gave an EBITDA range of A$33–40 million, provided target metrics for delivered margin and EBITDA margin, and plans to invest in AI and customer-facing technologies. » More on de.investing.com

Temple & Webster reported H1 FY26 revenue up 20% to AUD 376m, EBITDA of AUD 13.5m (AUD 14.9m excluding New Zealand investments) and a cash position of AUD 161m with 1.35m active customers. The stock fell about 25% to AUD 11.34 after the presentation as management prioritised growth and market-share gains over profitability, and CEO Mark Coulter stressed the business will not be profit-focused at present. The company confirms an EBITDA margin of 3–5%, is pushing expansions (DIY category, New Zealand) and targets AUD 1bn revenue by FY28, leaving investors concerned about sustainable margins and the time to reach equivalent returns. » More on de.investing.com