Temple & Webster Cautious on Consumer Demand, Despite Revenue Surge

Temple & Webster cautious on consumer demand, despite revenue surge

The online furniture retailer reported strong growth in its home improvement business, which helped drive a 21 per cent lift in revenue.

Temple & Webster sees continued growth despite external headwinds

Furniture retailer Temple & Webster has reported a 21 per cent increase in full-year revenue to $601 million, up from $498 million.

Temple & Webster shares soar on 500% profit explosion

Temple & Webster Group Ltd (ASX: TPW) shares ripped 11% higher to a new record of $29.06 in earlier trading. The share price surge follows the company releasing its full-year FY25 results and a trading update. The online furniture retailer revealed a staggering 533% lift in profits to $11.3 million for the financial year, up from $1.8 million in FY24. At the time of writing, Temple & Webster is the strongest riser of the day within the benchmark…