Australian furniture retailer posts growth in sales and profit

Temple & Webster Group, Australia’s leading online retailer for furniture and homewares, has reported a growth in sales and profit.

According to its audited financial results for the year ended 30 June 2025, total sales rose 21% to $601m from $498m in 2024.

EBITDA resulted at $18.8m, up 43% from $13.1m, while pre-tax profit increased 532% to $11.3m from $1.8m recorded in the previous year.

Temple & Webster CEO, Mark Coulter, said: “Temple & Webster has delivered another set of record results as we push towards our goal of becoming Australia’s largest retailer in the furniture and homewares category.

“Despite challenging retail trading conditions throughout FY25, we grew our revenue by 21% and increased our share of the Australian furniture and homewares market to 2.7%. June was a particularly strong month, with checkout revenue up 28%, highlighting that our customer proposition centred around price, range and convenience continues to resonate with the next generation of shopper in our category.

“Home improvement was again a standout performer, with revenue growth of 43%, and private label penetration in this category increasing markedly, approaching 20%.”

The new financial year has started strongly, with revenue from 1 July to 11 August 2025 up 28% year-on-year. Home improvement continues to outperform.

Mark added: “We are pleased that the momentum we built throughout the second half of FY25 has continued into FY26. With anticipated interest rate reductions, coupled with stimulatory government policies relating to housing, we remain optimistic that conditions in FY26 should be favourable for the furniture, homewares and home improvement categories.”

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