Temple & Webster are facing significant challenges as customers cut back on spending. Supplied
Temple & Webster’s performance over the half-year to 31 December2022 was marked by a drop in sales and profit amid a challenging economic environment. With further rate hikes on the horizon, and customer spending set to slow further, Temple & Webster might be in for a difficult period ahead as the brand looks to stimulate spending. Temple & Webster’s sales fell by 12 per cent to $207 million, and profit by 46.7 per cent to $3.9 million, during the six months to 31
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