Briscoe Group LimitedNZX: BGP

BGP: Q1 sales declined 2.58% as homeware lagged, but profit recovery is expected in H2

· Issued by Briscoe Group Limited

Briscoe Group's Q1 sales fell 2.58% year-over-year, with homeware down and sporting goods up slightly. Margins remain pressured, but inventory is well managed and full-year profit is expected to recover in the second half.

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