Nick Scali reports strong sales in May and June

As you may know, the furniture retailer, Nick Scali, is one of our holdings in the Montgomery Small Companies Fund and CEO Anthony Scali has just updated fund managers through a broker-arranged conference call.

Strong recent sales updates from furniture and homewares companies like Adairs (which we own), Beacon Lighting and Temple & Webster (which we don’t own) has also been reflected by Nick Scali’s experience.

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