3rd Quarter Sales to 30 October 2022

Briscoe Group Limited (NZX/ASX code: BGP) has reported an increase of 26.76% in total sales for the third quarter period, ending 30 October 2022, to $175.5 million compared to the same period last year.

Homeware sales increased by 23.20%, while sporting goods sales were up 32.86%.

Online sales represented 18.25% of total Group sales for the 3rd quarter.

Year-to-date sales for the nine-month period ending 30 October 2022 were $543.5 million, 9.37% higher than the same period last year.

Group Managing Director, Rod Duke, said they are optimistic of producing a full year net profit after tax (NPAT) ahead of last year's $87.91 million.