Briscoe Group LimitedNZX: BGP

BGP: Sales dipped 1.76% in Q3, but margin stabilised and profit guidance holds at $60 million

· Issued by Briscoe Group Limited

Q3 sales declined 1.76% year-over-year, with homeware up 1.80% and sporting goods down 7.33%. Gross profit margin stabilised, inventory improved, and full-year net profit guidance remains at $60 million amid a cautious retail outlook.

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