Briscoe Group reports 3% lift in FY net profit

Mon, 11 Mar 2019

By Rebecca Howard March 12 (BusinessDesk) - Retailer Briscoe Group reported a 3.4 percent lift in full year net profit despite what it said was "erratic consumer confidence." Briscoe Group, which owns the Briscoe's homewares and Rebel Sport chains and a minority stake in outdoor chain Kathmandu, said net profit for the year ended Jan. 27 was $63.4 million versus $61.3 million in the prior year. “We are pleased to announce another record profit for Briscoe Group in a challenging retail market which continues to contend with erratic co...

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