Briscoe Group has reported a net profit after tax of $84.2 million for the year ending Jan 28 2024.
This represents a 5% decrease from the record $88.4m reported in the previous year.
The homeware and sporting goods retailer also announced a final dividend of 16.5 cents per share, bringing the total dividend for the year to 29c per share, a 3.57% increase from the prior year.
Briscoe Group achieved total sales of $792m, with both the homeware and sporting goods segments experiencing positive growth.
The company's gross profit margin of 42.4% helped protect 47% of the gross profit margin points gained in the two years affected by Covid.
Online sales accounted for 18.72% of the group's total sales.
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