Briscoes says it will do "better than expected"

Staff reporters
Wed, 22 Jul 2020

Briscoe Group shares bounced 5 cents, or 1.5 percent, to $3.35 on advice that the retailer's half year results to end July "may be closer to last year" than expected on the back of unexpected strength in sales, combined with cost saving measures.Group managing director Rod Duke, who had previously said he will not take a salary until at least the end of July, has said while it is difficult to accurately forecast the full financial impact of the pandemic, the effect on first half revenue will be "significant", with the ex...

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