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- Temple & Webster’s shares are soaring over 9% today (30 November 2022).
- Earlier this morning, the company had released its AGM 2022 results.
- The group generated revenue of AU$426.3 million in FY22.
Shares of Australian homewares retailer Temple & Webster Group Ltd (ASX:TPW) were trading 9.956% stronger on the ASX today (30 November) as of 11:03 AM AEDT. At the time of writing, one share of Temple & Webster was valued at AU$5.080.
Today’s significant rise in the share price of Temple & Webster appears to be following the company’s recently announced annual general meeting (AGM) results for FY22. Earlier this morning (30 November), the business published its AGM presentation alongside the chairman and CEO’s address on the ASX.
During its AGM, Temple & Webster indicated to have successfully met FY22 financial objectives of delivering a high-growth and profitable business.
Meanwhile, Temple & Webster’s shares have dropped in value by 0.79% in the last five trading sessions while gaining 14.09% in the previous six months. On the contrary, its share value has shed 10.36% in a month, 53.48% on a year-to-date (YTD) basis, and 52.86% over the course of year as of 11:03 AM AEDT, 30 November.
During AGM 2022, Temple & Webster group shared its operational and financial updates for FY22, alongside the FY23 outlook. Let’s look at the highlights below:
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