Briscoe Group Limited (NZX:BGP) announced sales of $161.3 million for Q3 ended 25 October 2020, up by 14.97% compared to same quarter in 2019. Some of the highlights are:
- Homeware sales rose by 12.28% to $98.7 million, while sporting goods sales stood at $62.6 million for Q3, up by 19.48%, respectively on pcp
- The retailer’s year to date sales (from 27 January 2020 to 25 October 2020) rose by 2.35% to $453.7 million on pcp
Rod Duke, Managing Director stated that paying back of $11.5 million wage subsidy and non-payment of dividend by Kathmandu for FY ended July 2020 will impact its H2 and full year results.