Business · Markets · 2 hrs ago

Temple & Webster shares fall about 80% as growth prospects remain in focus

Temple & Webster shares fall about 80% as growth prospects remain in focus

Temple & Webster is an Australian online retailer of furniture and homewares.

Its shares have fallen about 80% over the past year, while households face a difficult economic environment.

The company says Australia’s furniture and homewares market is worth about $19 billion, and online shopping has grown since 2019.

It has also expanded into home improvement, trade and commercial sales, and New Zealand.

In FY26, revenue rose 39% in home improvement and 16% in trade and commercial, while New Zealand generated about $3 million in its first eight months.

For FY27, Temple & Webster is targeting $33 million to $40 million in operating profit and an EBITDA margin of 5% to 6%, up from 3.3% in FY26.

It says its long-term goal is an EBITDA margin of at least 15%, but the company’s FY27 revenue may not grow.

What people are saying

I think the opportunity on offer makes it one of Australia's top shares.
Motley Fool AU article authorArticle authorvia Motley Fool AU
Temple & Webster's revenue may not grow in FY27, but it has a long history of delivering growth.
Motley Fool AU article authorArticle authorvia Motley Fool AU

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