14/08/2024 09:05

Temple & Webster (TPW) $11.71

A big reaction (+23%) to a reasonable beat at their FY24 results from the online furniture retailer on Tuesday, with great performance to start FY25 underpinning the market’s positive view. TPW has had a storied history, with COVID driving a phenomenal uplift in sales and pushing the shares to a high above $14 in 2021, before crashing to below $3 in 2022. We have owned TPW in the past, selling it back in 2021 above $12, however, we’ve not been back in since. Does yesterday’s update change our view?

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09/05/2024 17:01

Retailers under the pump today…

A tough day for the majority of discretionary retailers with JB Hi-Fi (JBH) -4.54%, Super Retail (SUL) -5.45%, Temple & Webster (TPW) -17.91%, Baby Bunting (BBN) -23.42%, Premier Investments (PMV) -3.42%, Harvey Norman (HVN) -3.84%, Lovisa (LOV) -0.93% and Nick Scali (NCK) -4.54% all getting sold off

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13/02/2024 16:45

Temple & Webster (TPW) $11.01

TPW +9.88%: two-year highs for shares in the furniture ecommerce business, and well deserved after a good 1H result. Revenue of $253.8m was only marginally ahead of the $251.4m expected, however, earnings were far better than the street, with EBITDA of $7.5m representing a 23% beat.

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15/08/2023 17:10

Temple & Webster (TPW) $6.57

TPW -4.51%: the furniture & homewares e-commerce company announced FY23 results today which were largely in line or better, however, shares fell on softer guidance. Revenue fell -7% YoY to $395m, in line with consensus.

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14/02/2023 16:54

Temple & Webster (TPW) $3.62

TPW -26.87%: the e-commerce furniture retailer struggled today following some sour comments at the half-year result. The numbers themselves were largely as expected with revenue of $207m just 2% below consensus while EBTIDA of $8.5m was a ~20% beat.

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30/11/2022 17:01

Temple & Webster (TPW) $5.27

TPW +14.07%: the furniture ecommerce business hosted its AGM today with the company saying there are signs cost pressure are starting to ease.

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16/08/2022 17:00

Template & Webster (TPW) $5.71

TPW +29.77%: FY22 results this morning showed mixed numbers for FY22 and FY23. Revenue grew more than 30% to $426m which was slightly behind expectations. EBTIDA was better though with margins coming in at 3.8% for the year, at the high end of guidance. This also included a $1.7m spend on The Home, Temple & Webster’s new home improvement...

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30/08/2021 09:03

Reporting Today (ALU, BKG, CWN, FMG, HLS, IVC, NXL, TPW, WGX)

Companies reporting today include: Adore Beauty (ABY), Altium (ALU), Crown Resorts (CWN), Fortescue (FMG), Healius (HLS), Invocare (IVC), Nuix (NXL), Temple & Webster (TPW)

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12/08/2021 11:34

Emerging Companies Portfolio – Amendment

We are selling Temple & Webster (TPW) to reduce exposure to e-commerce. 

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27/07/2021 17:15

Temple & Webster (TPW) $12.47

TPW +7.41%: one of the first companies to report this period, FY21 was a strong year for online furniture business Temple & Webster. Revenue up 85% helped EBITDA jump 141% for the year with strong operating margins also helped by the launch of their private label offering.

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