Duke expects tough first half as Briscoe Group records ‘near flat’ FY sales

Duke expects tough first half as Briscoe Group records ‘near flat’ FY sales
Briscoe Group's quarterly sales have risen. (Image: Supplied)
Gregor Thompson
Briscoe Group’s managing director Rod Duke is expecting tough times to continue after his company reported “near flat” annual sales. In an unaudited fourth-quarterly sales update for the year to Jan 26, reported to the New Zealand Exchange (NZX) on Tuesday, Briscoe Group said sales were $791.5 million just below the record $792m reported last year. In the 13 weeks to Jan 26, sales rose 1% to $245.3m compared with the final quarter of last year. In an “exceptionally difficult” year for retail, Duke sa...

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