Adairs is planning a "strategic reset" of its stores amid moderating sales at its namesake homewares and furnishings outlets, and a slowdown at its Focus on Furniture brand.
The company trimmed its guidance on Wednesday, saying it expected first-half sales of $319.5 million to $331.5 million, down from its August forecast of $324.5 million to $336.5 million, although up from the $310.5 million it achieved a year ago.
