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Helping Kiwis Feel at Home Since 1918

Founded in Christchurch by Henry Cooper Smith

Smiths City Group Limited is a Christchurch based holding company active in retail and consumer finance.

FY2020 Half Year Financial Results

Smiths City reports operational improvements

National furniture and appliance retailer Smiths City (NZX.SCY) today reports continued progress with its ongoing operational reset.

Revenue for the half year fell to $95.1 million from $114.2million in the same period a year ago, following the closure of two stores compared to the same time a year ago and slower trading than the prior year, which benefited from company’s centenary celebrations. Promotions directly linked to these celebrations lifted sales by around $10 million in the 2019 financial year…

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