'Disappointed': Briscoe Group Q1 sales sink 2.58%

Briscoes Homeware sales fell 4.66% in the first quarter. (Image: Supplied)

Wed, 07 May 2025

Briscoe Group sales fell 2.58% on the year to $178.3 million in the first quarter, weighed down by weaker homeware sales. Briscoes Homeware store revenue fell 4.66% to $103.6m compared with the first quarter last year, while Rebel Sport's revenue grew 0.47% to $74.7m. Group managing director Rod Duke said the period had proved difficult and the company is targeting a first-half net profit after tax target of “around $30 million”. The company reported a net profit of $33.2m in the six months to July 28, 2024...

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