Briscoe Group sales fell 2.58 percent on the year to $178.3 million in the first quarter, weighed down by weaker homeware sales.
Briscoes Homeware store revenue fell 4.66 percent to $103.6m compared with the first quarter last year, while Rebel Sport’s revenue grew 0.47 percent to $74.7m.
Milford Asset Management's Jeremy Hutton explains further.
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