Stock Track | Temple & Webster Group Plummets 7.14% Intraday on Disappointing FY26 Guidance
Stock Track
May 13
Temple & Webster Group Ltd's stock plummeted 7.14% during intraday trading on Wednesday, following the release of a trading update by the company.
The online furniture retailer provided its financial guidance for the fiscal year 2026, expecting revenue in the range of A$665 million to A$675 million and EBITDA between A$20 million and A$22 million. This outlook appears to have fallen short of market expectations, triggering the significant sell-off.
While the company reported an increase in April EBITDA to A$2.5 million and indicated that current margin run-rates could lead to FY27 EBITDA of approximately A$40 million, investors focused on the near-term guidance, leading to the sharp price decline.
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