Briscoe fattens margins as third quarter sales rise 2.6%

Wed, 31 Oct 2018

By Paul McBeth Nov. 1 (BusinessDesk) - Briscoe Group managed to fatten its gross margin and boost sales in the third quarter, despite the highly competitive retail environment. The homeware and sporting goods retailer reported sales of $132.8 million in the 13 weeks ended Oct. 28, up 2.6 percent from $129.4 million a year earlier. On a same-store basis, sales were 1.4 percent higher. Briscoe's homeware stores accounted for most of the increase, up 3.3 percent to $84 million, with its Rebel Sports sales increasing 1.5 percent to $48.1 mil...

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