Updated May 13, 2026 – 3.30pm, first published at 11.51amOnline furniture retailer Temple & Webster has increased prices across its product range and rolled back its aggressive promotions after revealing its earnings would be 30 per cent below market expectations due to a decline in consumer confidence.In a trading update on Wednesday, the ASX-listed retailer said it expected underlying earnings in the 2026 financial year to be between $20 million and $22 million, well below analyst consensus expectations of $30.2 million.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Temple & Webster changes course as earnings set to miss by 30pc
The retailer is dialling back its aggressive growth strategy to shore up profits, as rising inflation and interest rates put the brakes on consumer spending.










