Nick Scali Ltd (ASX:NCK) is one of Australia’s largest retailers and importers of furniture. It was founded over 50 years ago and still has Scali family as management. Each year Nick Scali imports over 5,000 containers of furniture.
The house prices in Australia continue to surge, rising 2.2% in May 2021. This seems to suggest a strong end to FY21 for ASX shares.
The Nick Scali Limited (ASX:NCK) share price is up after revealing a strong update for FY21 with big sales growth in the third quarter.
There are some ASX shares that have more than doubled over the last 12 months. It has been a crazy year for shares like Adairs Ltd (ASX:ADH).
The ASX share market has recovered significantly over the past year from the pain of the coronavirus crash, also called COVID-19.
ASX retail shares like Kogan (ASX:KGN) and Redbubble (ASX:RBL) haven’t been spared in the recent sell-off. Are they dirt cheap at current levels?
The ASX share market is on track to have a good day today after the COVID-19 government package was finally agreed in the US.
The Australian retail sector has had an interesting last 12 months, with various ASX retailers turning out to be some of the biggest beneficiaries of the COVID-19 pandemic. Here are my top picks that offer great value.
The Nick Scali Limited (ASX:NCK) share price is up 1.9% despite announcing that it’s returning jobkeeper.
The S&P/ASX 200 (ASX: XJO) is set to follow US markets higher on Friday. Nick Scali (ASX:NCK) and Origin Energy (ASX:ORG) shares are in the news.
