New Street: TPW AGM Update - Business Recovery on Track
What’s new: Temple & Webster held its annual general meeting (AGM). The company provided an update for FY23 where overall business has begun the trajectory back to growth and that top-line could potentially return to double digit growth during the financial year. TPW also reiterated its 3%-5% EBITDA target for FY23. We maintain our PT at A$10.Analysts:
Jin Yoon
Temple & Webster sells furniture, homeware, and other lifestyle products through its online, member based website.
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