Nick Scali blames difficult trading conditions for slashed profit guidance

Australian retail trading conditions have been named as the reason behind Nick Scali's (ASX: NCK) latest profit downgrade. Citing "difficult trading conditions", listed furniture retailer Nick Scali has downgraded its 1H20 NPAT from $25 million to $17-$19 million. The gro...

Nick Scali blames difficult trading conditions for slashed profit guidance
IMF Bentham to buy European litigation funder for $141m
IMF Bentham to buy European litigation funder for $141m

An Australian group that has funded class actions against the likes of National Australia Bank (ASX: NAB), Sirtex ...

Retail Food Group upsizes capital raise
Retail Food Group upsizes capital raise

Embattled food franchisor behind brands like Donut King, Michel's Patisserie, and Gloria Jean's, Retail Fo...

New manager talks delayed at Blue Sky Alternatives Access Fund
New manager talks delayed at Blue Sky Alternatives Access Fund

Attempts by the Blue Sky Alternatives Access Fund (ASX: BAF) to extricate itself from current management have hit ...

Nicholas Bolton bolstered in battle for Keybridge
Nicholas Bolton bolstered in battle for Keybridge

The company has been in a tug-of-war of late, but now it is clear that Australian Style Group's Nicholas ...

Five things to consider when reviewing your EOM reporting process
Five things to consider when reviewing your EOM reporting process

Improving financial performance management can be an ongoing challenge for businesses. Regardless of the size ...

The rise and fall of Blue Sky: A timeline from ASX powerhouse to pariah
The rise and fall of Blue Sky: A timeline from ASX powerhouse to pariah

Fund manager Blue Sky Alternative Investments (ASX: BLA) ended its 7.5-year run on the ASX after going into receiv...

HomeCo $325m IPO to ramp up shopping centre footprint
HomeCo $325m IPO to ramp up shopping centre footprint

The group that snapped up Woolworths' (ASX: WOW) Masters stores three years ago for $800 million is now an ASX...

MedAdvisor scores three-year Chemist Warehouse contract
MedAdvisor scores three-year Chemist Warehouse contract

Listed med-tech company MedAdvisor (ASX: MDR) has signed an agreement with one of Australia's leading pharmaci...

Bentley backs Wilson's takeover bid for Keybridge
Bentley backs Wilson's takeover bid for Keybridge

Within months of withdrawing a bid to acquire Perth-based Keybridge Capital (ASX: KBC), Wilson Asset Management is...

Envirosuite raises $10 million for China expansion plans
Envirosuite raises $10 million for China expansion plans

Environment management tech company Envirosuite intends to scale up in China after a successful $10 million capita...

Brisbane Top Companies
Brisbane Top Companies

As a city known for its relatively high percentage of founder-led businesses, Brisbane has undergone a changing of...

Brisbane Top Companies 11-20
Brisbane Top Companies 11-20

A short-selling attack from VGI Partners saw Corporate Travel Management fall out of the top 10 this year, but the...

Brisbane Top Companies 21-30
Brisbane Top Companies 21-30

From bathroom fittings to storage, electricity to investments, the companies that made the top 30 are from a wide ...

Brisbane Top Companies 31-40
Brisbane Top Companies 31-40

This is where the Brisbane Top Companies list really starts to get interesting. The space between 31 and 40 in...

Brisbane Top Companies 41-50
Brisbane Top Companies 41-50

Some major players slipped out of the higher brackets this year into the bottom 41 to 50 of Brisbane's Top Com...

Retail Food Group to raise $150 million
Retail Food Group to raise $150 million

Embattled food franchisor behind brands like Gloria Jean's, Donut King, and Michel's Patisserie, Retail Fo...

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Nick Scali blames difficult trading conditions for slashed profit guidance
Nick Scali blames difficult trading conditions for slashed profit guidance

Australian retail trading conditions have been named as the reason behind Nick Scali's (ASX: NCK) latest profi...

Property

Fastbrick Australia enters into strategic partnership with WA home builder
Fastbrick Australia enters into strategic partnership with WA home builder

Robotic wall building company FBR Australia (ASX: FBR) has announced its latest play in Western Australia, partner...

Opinion

From printers to fish tanks: how cybercriminals are finding backdoors to hack into our businesses
From printers to fish tanks: how cybercriminals are finding backdoors to hack into our businesses

'Brute-force cyber attacks' powered by artificial intelligence are hacking into businesses at a rate of mo...

Leadership

Westpac CFO Peter King announces retirement
Westpac CFO Peter King announces retirement

After 25 years with the bank Peter King (pictured) has announced he will step down as chief financial officer of W...

Entrepreneurship

Zero Co launches campaign to get Australians to ditch single-use plastics
Zero Co launches campaign to get Australians to ditch single-use plastics

High profile Aussies and sophisticated investors are backing a new eco-startup that's getting us to go zero. ...

Technology

Five things to consider when reviewing your EOM reporting process
Five things to consider when reviewing your EOM reporting process

Improving financial performance management can be an ongoing challenge for businesses. Regardless of the size ...

IMF Bentham to buy European litigation funder for $141m
IMF Bentham to buy European litigation funder for $141m

An Australian group that has funded class actions against the likes of National Australia Bank (ASX: NAB), Sirtex ...

Finance

OFX partners with Link Market Services for cross-border transactions
OFX partners with Link Market Services for cross-border transactions

Cross-border payments service provider OFX (ASX: OFX) has entered into an exclusive partnership with Link Market S...

Marketing

Instyle Solar announces power play with League legend Johnathan Thurston
Instyle Solar announces power play with League legend Johnathan Thurston

Rugby league legend Johnathan Thurston (pictured left) has come on board with leading Australian solar company, In...

Executive Lifestyle

Being busy does not mean being unhealthy: Top tips for businessmen and women
Being busy does not mean being unhealthy: Top tips for businessmen and women

As the saying goes, 'if you do not make time for your wellness, you will be forced to make time for your illne...

Conference And Events

The best Christmas party venues, all in one place
The best Christmas party venues, all in one place

Your staff have worked hard all year and deserve to party. Here's how you can make their end of year celebrati...

Video

Adelaide robo-welders K-TIG list on the ASX
Adelaide robo-welders K-TIG list on the ASX

Following an oversubscribed $7 million capital raise Adelaide-based disruptors K-TIG have listed on the ASX under ...

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