Briscoe Group has reported a 1.76% decline in total group sales for the third quarter of the financial year, reaching $171 million.

Homeware sales increased by 1.8%, while sporting goods sales decreased by 7.33%.

Online sales accounted for 18.48% of the total group sales.

For the year-to-date period, total group sales were down 0.71% to $542.3m.

Homeware sales grew by 0.49%, while sporting goods sales declined by 2.64%.

Online sales represented 19.08% of the total group sales.

Group managing director, Rod Duke, attributed the mixed trading environment in the third quarter to continued pressure on consumer sentiment and discretionary spending.

He said the company made a strategic decision to focus on stabilising gross profit margin percentage instead of driving top-line sales.

Briscoe Group's strategic investment programme remains on track.

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