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Briscoe Group posts record half-year profit amid tough economic conditions

Author
Newstalk ZB,
Publish Date
Thu, 1 Aug 2024, 7:13pm

Briscoe Group posts record half-year profit amid tough economic conditions

Author
Newstalk ZB,
Publish Date
Thu, 1 Aug 2024, 7:13pm

Briscoe Group Limited has posted a near record net profit after tax of $84.2 million for the year ending January 28, 2024.

The group, which runs both Briscoes and Rebel Sport, says profits have nearly reached the $88.4 million record set last year - despite a tough economic climate impacting the retail sector. 

Briscoe Group Managing Director Rod Duke says more customers have gravitated to the group's output in recent months.

"The strategy's unchanged - and when we do that, we tell a lot of people that we're going to do it."

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