Nick Scali Flags Potential Profit Hit Due to Shipment Delays

MT Newswires Live

Nov 20, 2024

Nick Scali (ASX:NCK) experienced shipment delays for its products at ports after one of its customs and freight forwarding agents entered administration, according to a Wednesday filing with the Australian bourse.

The delays add a risk to the company's net profit guidance of AU$30 million to AU$33 million for the first half of fiscal 2025, as per the filing.

The furniture retailer had applied with the Federal Court of Australia to release the products from the contractor via certain undertakings, the filing said. The court order has now been granted.

The company is working to deliver the freights to distribution centers to ensure delivery to customers "as soon as practicable," the filing added.

The company's shares were up almost 1% in recent Wednesday trade.

Price (AUD): $14.16, Change: $+0.08, Percent Change: +0.57%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2484618901"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2484618901\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2484618901?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-20 08:56","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2484618901","market":"sh","top_or_hot":-1,"title":"Nick Scali Flags Potential Profit Hit Due to Shipment Delays","media":"MT Newswires Live","content":"<html><body><p> Nick Scali (ASX:NCK) experienced shipment delays for its products at ports after one of its customs and freight forwarding agents entered administration, according to a Wednesday filing with the Australian bourse.</p><p>The delays add a risk to the company's net profit guidance of AU$30 million to AU$33 million for the first half of fiscal 2025, as per the filing.</p><p>The furniture retailer had applied with the Federal Court of Australia to release the products from the contractor via certain undertakings, the filing said. The court order has now been granted.</p><p>The company is working to deliver the freights to distribution centers to ensure delivery to customers \"as soon as practicable,\" the filing added.</p><p>The company's shares were up almost 1% in recent Wednesday trade.</p><p>Price (AUD): $14.16, Change: $+0.08, Percent Change: +0.57%</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nick Scali Flags Potential Profit Hit Due to Shipment Delays</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNick Scali Flags Potential Profit Hit Due to Shipment Delays\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2024-11-20 08:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Nick Scali (ASX:NCK) experienced shipment delays for its products at ports after one of its customs and freight forwarding agents entered administration, according to a Wednesday filing with the Australian bourse.</p><p>The delays add a risk to the company's net profit guidance of AU$30 million to AU$33 million for the first half of fiscal 2025, as per the filing.</p><p>The furniture retailer had applied with the Federal Court of Australia to release the products from the contractor via certain undertakings, the filing said. The court order has now been granted.</p><p>The company is working to deliver the freights to distribution centers to ensure delivery to customers \"as soon as practicable,\" the filing added.</p><p>The company's shares were up almost 1% in recent Wednesday trade.</p><p>Price (AUD): $14.16, Change: $+0.08, Percent Change: +0.57%</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7107","symbol_name":"家庭装饰零售","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2484618901","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2484618901","pubTimestamp":1732064203,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Nick Scali  experienced shipment delays for its products at ports after one of its customs and freight forwarding agents entered administration, according to a Wednesday filing with the Australian bourse.The delays add a risk to the company's net profit guidance of AU$30 million to AU$33 million for the first half of fiscal 2025, as per the filing.The furniture retailer had applied with the Federal Court of Australia to release the products from the contractor via certain undertakings, the filing said. The court order has now been granted.The company is working to deliver the freights to distribution centers to ensure delivery to customers \"as soon as practicable,\" the filing added.The company's shares were up almost 1% in recent Wednesday trade.Price : $14.16, Change: $+0.08, Percent Change: +0.57%","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7107":"家庭装饰零售","LU0426417589.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC","XAO.AU":"标普/澳交所 普通股指数","XKO.AU":"标普/澳交所 300指数","LU0345774631.USD":"NINETY ONE GSF AMERICAN FRANCHISE \"A\" (USD) INC","LU1043141123.HKD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (HKD) INC 2","LU0994945656.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC 2","LU2238339852.HKD":"NINETY ONE GSF GLOBAL ENVIRONMENT \"A\" (HKD) ACC","LU0426412945.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) ACC","XJO.AU":"标普/澳交所 200指数","NCK.AU":"NICK SCALI LTD","BK4125":"广播"},"translate_title":"尼克·斯卡利(Nick Scali)表示，由于发货延误，利润可能受到打击","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AUD":1,"NCK.AU":0.9,"XAO.AU":0.75,"XJO.AU":0.75,"XKO.AU":0.75},"content_text":"Nick Scali (ASX:NCK) experienced shipment delays for its products at ports after one of its customs and freight forwarding agents entered administration, according to a Wednesday filing with the Australian bourse.The delays add a risk to the company's net profit guidance of AU$30 million to AU$33 million for the first half of fiscal 2025, as per the filing.The furniture retailer had applied with the Federal Court of Australia to release the products from the contractor via certain undertakings, the filing said. The court order has now been granted.The company is working to deliver the freights to distribution centers to ensure delivery to customers \"as soon as practicable,\" the filing added.The company's shares were up almost 1% in recent Wednesday trade.Price (AUD): $14.16, Change: $+0.08, Percent Change: +0.57%","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}