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Briscoe Group hit record sales of $798.8M in 2025, but profit and dividends fell despite cost controls and new infrastructure.
Briscoe Group posted record sales of $798.8 million for the year ended January 25, a 0.9% increase, driven by growth in homewares and sporting goods, though net profit fell 2.3% and dividends dropped to 20 cents per share.
Despite rising costs and weak consumer sentiment, the company maintained disciplined spending, with store and overhead costs up just 1.2%, and aims to restore profit to record levels, citing new distribution infrastructure and cost controls as key to future growth.
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Briscoe Group alcanzó ventas récord de $798.8M en 2025, pero las ganancias y los dividendos cayeron a pesar de los controles de costos y la nueva infraestructura.