It's S&P/ASX 300 Index (ASX: XKO) share reporting season and there have already been a number of interesting results. The fund manager Wilson Asset Management (WAM) has highlighted two businesses that have reported strong results which investors should pay attention to.
I love reporting season because one of the few days of the year where investors actually get to see how the business has performed, giving a true insight into its underlying value. We also get to see the latest strategic plans and (usually) commentary on the outlook.
WAM likes to look at growing companies and the two ASX 300 shares that it commented on are working on international growth.
CAR Group Ltd (ASX: CAR)
Wilson Asset Management said CAR Group operates online vehicle marketplaces across Australia and international markets (South Korea, the US, Chile and Brazil).
WAM noted that the ASX 300 share announced its FY25 result last week. While the numbers have been announced earlier, the composition of earnings and the outlook exceeded market expectations.
The US macro environment for recreational vehicles has been a "key concern" for investors and the result "confirmed there are green shoots that position FY2026 for a stronger year".
WAM also said that the Australian product roadmap supports continued yield performance, Brazil and South Korea are "performing ahead of expectations", while the acceleration in the US marine market provides "further upside to the US story".
The fund manager also said that it's confident in the incoming CEO's ability to continue to deliver the CAR Group's 'playbook' across its geographies.
Nick Scali Ltd (ASX: NCK)
The other ASX 300 share WAM highlighted with its earnings result coverage is Nick Scali, a retailer of premium furniture across Australia, New Zealand and the UK.
WAM said its FY25 result was strong, with the performance in Australia and New Zealand division "exceeded market expectations by a wide margin", as interest rate cuts and rising consumer confidence helped boost the local furniture market.
The fund manager also pointed out that in the UK, recently refurbished stores have "shown promising early signs" for the ASX 300 share, supporting the potential for a broader store rollout over time.
Nick Scali also reported that in the month of July 2025, being the first month of FY26, it revealed ANZ written sales orders increased by 7.7% year-over-year, with like for like written sales orders up 7.2%. Sales revenue for the first quarter of FY26, is expected to be up on the prior year.
A further five new ANZ stores are confirmed for opening during the financial year, with additional opportunities currently being reviewed.
WAM concluded:
With a constructive view on the Australian and New Zealand consumer and meaningful growth opportunities in the UK, we remain positive on the company's outlook.
