Briscoe sees FY earnings 'easily' beating last year as 3Q sales rise 4.5%

Tue, 04 Nov 2014

By Paul McBeth Nov. 5 (BusinessDesk) - Briscoe Group, the homeware and sporting goods retail chain, will "easily exceed" last year's annual profit after third-quarter sales rose 4.5 percent on the strength of its sporting goods unit, maintaining momentum through the start of the year. The company expects annual profit ahead of the $33.58 million it reported in the 52 weeks ended Jan. 26, with gross profit outpacing the growth in sales in the third quarter, Auckland-based Briscoe said in a statement. Group sales rose to $108.2 million in t...

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