Briscoe Group reports Q3 sales of NZ$174.4M
Key points
- Briscoe Group posted NZ$174.4 million in total sales for the third quarter, reflecting a 1.98% increase compared to the prior year period.
- The company achieved its fourth consecutive quarter of positive sales growth, with online sales expanding 5.77% to NZ$33.4 million.
- Sales gains were primarily driven by strong demand in the sporting goods segment alongside a return to positive growth in homewares.
Briscoe Group (ASX:BGP) recorded third-quarter total group sales of NZ$174.4 million, up from NZ$171 million in the same period last year.
The quarterly expansion follows a 0.25% revenue increase in the second quarter and marks the company's fourth straight quarter of top-line growth.
"Our online business also delivered a pleasing result during the quarter, with Group online sales increasing 5.77%, representing a growth of NZ$1.8 million compared to the same period last year," said Briscoe Group Managing Director Rod Duke.
Sporting goods sales grew 3.99% for the quarter, while homeware sales turned positive with a 0.82% rise after falling 2.17% in the previous quarter.
Following the announcement, the Briscoe Group share price was unchanged at $3.00.
Year-to-date sales over 39 weeks reached NZ$548.6 million, an increase of 1.17% on the NZ$542.3 million reported for the same period last year.
Online revenue accounted for 19.17% of total quarterly sales, up from an 18.48% share recorded during the corresponding period last year.
Frequently asked questions
More from Australia
AVITA Medical raises 2026 guidance after strong revenue growth
Macquarie Group posts $2.48B half-year profit
Heidi Health cuts 18% of staff after funding
RBA deputy governor denies pressuring rate setting board
Woodside Energy cuts 500 jobs to slash costs by US$570M
NSW panel recommends 26 stricter data centre rules
