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Inside Aussie furniture retailer Temple & Webster’s growth strategy

Pureplay furniture business Temple and Webster ended yesterday’s trade with shares almost 30 per cent up after showing a strong full-year result.  The business’ revenue rose to $426.3 million, up 31 per cent on FY21 and 142 per cent on FY20. However, its net profit before tax fell 31 per cent compared to last year to $13.2 million, though it remained ahead of FY20. Temple and Webster’s chief executive Mark Coulter said that despite significant macro-economic trends impacting certain p