Nick Scali shares: More upside and a good dividend
Nick Scali (ASX:NCK) is a furniture retailer operating in Australia and NZ and operates under a single brand, ‘Nick Scali Furniture’. We recently reviewed the Company, not only to assess recent performance, but to gauge the likely impact on future earnings from tapering government stimulus and challenging macroeconomic indicators. In particular, the housing market and consumer confidence. We also looked at what threat is there from the increasing trend towards online furniture retailers. This is especially given that the Company …
