Briscoe Group bucks retail trend in full-year results

Briscoe Group is standing strong, chief executive Rod Duke says. (Image: file)

Wed, 13 Mar 2024

Briscoe Group is standing strong as economic headwinds batter the wider retail sector, chief executive Rod Duke told BusinessDesk after the group posted full-year earnings.“It's hard to complain when you see some of our competitors suffering to a large extent because of reduced demand for their product or their brand,” he said.Total sales for the group were $792 million in the year to January 28, up 0.8% to an all-time high on the prior period, but a negative economic environment put pressure on gross margins which fell to 42.40...

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