Slide 1: Full Year Addendum
FY25 ADDENDUM 1 Full Year Addendum 52 WEEK PERIOD ENDED 26 JANUARY 2025
Slide 2: Contents
FY25 ADDENDUM Contents 2 Highlights 3 Sales 4 Gross Profit Margin % 5 Net Profit After Tax 6 Balance Sheet 7 Customer Satisfaction 8 Online Experience 9 VIP Clubs 10 Our Team 11 Sustainability 12 Supply Chain 13 Strategy 14 Financial Summary 16 Brand Portfolio 17
Slide 3: Highlights
FY25 ADDENDUM 3 Highlights Sales NPAT Performance Strategic Initiatives contributing to • Group sales $791.5m. • FY NPAT $68.0m (before impact increased profitability Full Year Ended 26 January 2025 • 99.94% of LY record sales. of tax adjustment). • Homeware sales -0.06% down to • Strong result in t
Slide 4: Sales
FY25 ADDENDUM 4 Sales PERCENTAGE GROWTH Both Homewares and Sporting Goods delivered near flat full year sales on last year's record sales. Homeware and Sporting Goods achieved 99.94% of last year's sales. Good sales growth since Covid (YE Jan 2020) of 21.20%. BRICKS & MORTAR VS ONLINE Sales slowed d
Slide 5: Gross Profit Margin %
FY25 ADDENDUM 5 Gross Profit Margin % Continued pressure on gross profit margin due to promotional intensity. Margin rate despite the challenges, is still above pre-Covid levels by 94 basis points.
Slide 6: Net Profit After Tax (NPAT)
FY25 ADDENDUM 6 Net Profit After Tax (NPAT) COST OF DOING BUSINESS Continued solid NPAT performance despite Continued focus on costs and difficult trading environment. efficiency improvements. * Before impact of $7.4m tax adjus tment
Slide 7: Balance Sheet
FY25 ADDENDUM 7 Balance Sheet INVENTORY ($M) Excellent improvement in both quantum and quality of inventory. Healthy cash position as strategic initiatives gain momentum. Continue to invest in our NET CASH ($M) strategic growth plan despite tough ongoing market conditions. Investment in the strategi
Slide 8: Customer Satisfaction at our Heart
FY25 ADDENDUM 8 Customer Satisfaction BRISCOES HOMEWARE NPS at our Heart Record levels of satisfaction achieved for the past three years in our NPS scores. On an annual basis Briscoes Homeware now running above REBEL SPORT NPS 80 consistently and Rebel Sport over 72. The team continue to deliver Mar
Slide 9: Online Platform Investment
FY25 ADDENDUM 9 Online Platform Investment This year we continued to invest in our online and store fulfilment technology, to bring our customers the best online experience. We expanded our existing coupons offering and introduced evening express delivery, member pricing and a suite of AI tools desi
Slide 10: VIP Clubs
FY25 ADDENDUM 10 VIP Clubs We have a large, growing and loyal customer membership programme with over 2.1 million club members. FY25 FY25 Total database Total database 1.03m +14.1% 1.125m +13.8% Member frequency Member frequency +24% v non-members +38% v non-members Member annual spend Member annual
Slide 11: Our Team
FY25 ADDENDUM 11 Our Team A broad range of investments in our people, systems and processes are contributing to member capabilities, competence and confidence. Our team is well placed to drive the business forward. TEAM DEVELOPMENT GENDER PAY EQUITY RETENTION INNOVATIVE APPLIED LEARNING 4 <1% 19.6%
Slide 12: Sustainability
FY25 ADDENDUM 12 Sustainability Our Steps To A Better Tomorrow Community 60 community groups and 19,040 balls through the A key sponsor of the Auckland sports clubs supported pass-it-forward program for Football Club (AFC), focusing on through our Grassroots the year. investing in the AFC developmen
Slide 13: Supply Chain Transformation
FY25 ADDENDUM 13 Supply Chain Phase 1 WMS – Completed: Phase 2 – In Progress 2025: Transformation • The new W arehouse Management System (WMS) is now embedd ed in the current • Detailed operational design, processes and system requirements for our new dc is well underway and will be completed by Dis
Slide 14: Record Levels of Investment into Strategic Growth
FY25 ADDENDUM 14 Group Strategy 2024 – 2026 Record Levels LONG TERM GROWTH ACCELERATION RETAIL EXPERIENCE EVOLUTION SUPPLY CHAIN TRANSFORMATION BUILDING BLOCKS of Investment Explore new business opp ortunities to drive sig nificant growth. Flag ship store concepts. Electronic Shelf La bels ( ESL). N
Slide 15: The Strength of Our Core Business Fundamentals
FY25 ADDENDUM 15 The Strength of Trading performance near flat with World class team with proven ability Our Core Business LY record sales and ahead of retail to deliver on both short term and spend trends for both Homewares longer-term priorities. and for Sporting Goods. Fundamentals Continue to in
Slide 16: Financial Summary
FY25 ADDENDUM 16 Financial Summary FY Jan 20 FY Jan 21 FY Jan 22 FY Jan 23 FY Jan 24 FY Jan 25 Homeware Revenue - $000 410,908 439,234 460,887 487,501 490,116 489,810 Sporting Good s Revenue - $000 242,109 262,563 283,563 298,353 301,837 301,659 Group Total Revenue - $000 653,017 701,797 744,450 785
Slide 17: 200+ Brands!
FY25 ADDENDUM 17 The Largest Range of Global Brands in Homewares and 200+ Brands! Sporting Goods BRISCOES HOMEWARE REBEL SPORT