Briscoe says full-year sales topped $600M for first time, sees record profit of about $61M

Thu, 01 Feb 2018

By Jonathan Underhill Feb. 2 (BusinessDesk) - Briscoe Group says full-year sales topped $600 million for the first time, helped by stronger revenue from sporting goods in the fourth quarter, and the retailer expects to report a record annual profit of about $61 million. Total sales rose 2.6 percent to about $194 million in the 13 weeks ended Jan. 28, the Auckland-based company said in a statement. Homeware sales climbed 1.3 percent to $124.8 million, although on a same-store basis they were down 0.3 percent, while sporting goods sales ros...

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