Briscoe reports brisk 1Q sales, strong margins

Staff reporters
Fri, 07 May 2021

Briscoe Group lifted first-quarter sales to $173.1 million compared with $97m in the same quarter last year, reflecting the fact that the homewares and sporting goods stores were closed for 33 days in last year's first quarter.Briscoe managing director Rod Duke said a more meaningful comparison is with the first quarter of 2019 and the latest quarter's sales are up nearly 15% from that quarter.The homewares stores' sales were up 15.3% from the first quarter of 2019 to $104.6m while the sporting goods stores' sales were up 14.4%....

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