Briscoe Group has reported a slight decline in total revenue and a significant drop in net profit for the half-year ended July 27, 2025.
Total revenue was $371.27 million, down 0.2% from the same period last year.
However, the company said it experienced an improved sales trend, with a 2.07% increase in sales during the second quarter, compared to a 2.58% decline in the first quarter.
Online sales also grew by 2.92% and accounted for 19.36% of the total group sales.
Net profit after tax was $29.31m, down 11.8%.
The company declared an interim dividend of 10 cents per share.
Briscoe Group's balance sheet remained strong, with cash balances of $119.83m.
Looking ahead, the company said it remains cautious about the retail environment and expects full-year net profit after tax to be closer to $60m.
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