Briscoe says third quarter sales rise 6.2 percent , forecasts annual profit will rise

Tue, 05 Nov 2013

By Tina Morrison Nov. 6 (BusinessDesk) - Briscoe Group, the homeware and sporting goods retail chain, said third quarter sales rose 6.2 percent amid discounting, and it expects to boost full-year profit. Sales rose to $103.5 million in the 13 weeks ended Oct. 27, from $97.5 million in the year earlier period even as significant sales from a Labour Day promotion will fall in the fourth quarter rather than the third quarter this year, the Auckland-based company said in a statement. “We are satisfied with the group’s performance across this th...

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