Slide 1: Half Year
Half Year 26 week period ending 30 July 2023
Slide 2: Contents
Contents 3. Highlights 4. Sales 5. Gross Profit Margin % 6. Net Profit After Tax 7. Online Share of Sales 8. Team 9. Instore Highlights 10. Online Experience 11. Supply Chain 12. Sustainability 13. Strategic Programme 14. Looking Forward 15. Financial Summary 16. Global Brand Portfolio
Slide 3: Highlights
Highlights Half Year ended 30 July 2023 RECORD HALF YEAR SALES NPAT PERFORMANC E ● Group sales +0.35% to $369.2m ● HY NPAT $42.7m ● Homeware sales +0.28% to $229.4m ● Strong result in tough trading conditions ● Sporting Goods sales +0.46% to $139.8m STRONG BALANCE SHEET SOLID ONLINE PERFORMANCE ● Ne
Slide 4: Sales
Sales PERCENTAGE GROWTH SALES GROWTH BY SEGMENT Continued Sales growth in a very challenging retail Positive sales growth across both Homeware environment. and Sporting Goods 4.
Slide 5: Gross Profit Margin %
Gross Profit Margin % • Margin pressure from a number of factors as the impacts of the economic downturn are felt • Goal for the full year remains to protect around half of the 633 basis points gained during the 2 years ended January 2021 and January 2022 5.
Slide 6: Net Profit After Tax
Net Profit After Tax (NPAT) • Continued solid NPAT performance despite difficult trading environment • Ongoing focus on robust cost control • Although it will be difficult to replicate last year's record NPAT, this first half performance gives confidence for a solid second half result 6.
Slide 7: Online Share of Sales
Online Share of Sales • Strong online user experience • Online sales mix stabilising • Continued investment in online developments protecting lockdown increases 7.
Slide 8: Team
Our Employee Engagement tool, Peakon, demonstrates TEAM ENGAGEMENT +0.3 we are performing well in terms of inclusiveness with a score that is 0.3 ahead of the benchmark score for platform users. Approximately two thirds of our retail management team have taken part in our leadership programme and 70
Slide 9: Instore Highlights
Instore Highlights 3 STORES COMPREHENSIVELY REFURBISHED MAINTAINED HIGH SERVICE LEVELS 1H ● Briscoes Homeware Whangārei – full renovation with ● Briscoes Homeware achieved Net Promoter Score polished concrete floors, LED lighting, new concept (NPS) of 77 which is +0.9% ahead of last year fixtures an
Slide 10: Online Experience
Online Experience Relentless Focus CONTINUOUS RELEASE STRATEGY VIP CLUBS: FOR ONLINE IMPROVEMENTS: • Total Group customer database now • Embedded a best-in-class Product sitting at 1,724,000 Information System (PIM) • We have an average instore sign-up • Optimised the experience of our reviews rate
Slide 11: Supply Chain
Supply Chain WE CONTINUE TO DRIVE IMPROVEMENT BUILDING OUR FUTURE SUPPLY CHAIN FROM OUR CURRENT INFRASTRUCTURE • Optimised imported inventory flow into • The selection process for a new North and South Islands, reducing inter- Warehouse Management System (WMS) is island transportation now complete •
Slide 12: Sustainability
Sustainability Our steps to a better tomorrow WE HAVE MADE PROGRESS ACROSS ALL OUR SUSTAINABILITY PILLARS • We have successfully completed a comprehensive Group Carbon Inventory review and are now in the process of conducting due diligence to establish our inaugural climate targets • We have enhance
Slide 13: Strategic Programme
Strategic Programme 2020-2023 approaching completion 2023 H2 & BEYOND Attract • Net Promoter Score (NPS) programme • Omni channel coupons launch in both both online and instore delivering record CUSTOMER Briscoes Homeware and Rebel Sport Retain levels Grow • Go-live with express online fulfilment &
Slide 14: Looking Forward
Looking Forward Navigating a Challenging Retail Market • Continued solid trading performance in both Homewares and Sporting Goods • Excellent engagement across both team and customers • Store refurbishment programme on track • New supply chain design project well advanced • Electronic Shelf Label pi
Slide 15: Financial Summary
Financial Summary HY Jul 18 HY Jul 191. HY Jul 20 HY Jul 21 HY Jul 22 HY Jul 23 FY Jan 19 FY Jan 201. FY Jan 21 FY Jan 22 FY Jan 23 Homeware Revenue - $000 186,701 191,503 184,347 222,628 228,739 229,391 403,159 410,908 439,234 460,887 487,501 Sporting Goods Revenue - $000 106,499 111,481 108,060 13
Slide 16: Global Brand Portfolio
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