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Briscoes

Briscoe chief attributes strong growth to smart thinking

Wednesday 15 March 2017 by Bob Dey

Briscoe Group Ltd has come out well ahead in a year which group managing director Rod Duke said had been challenging for many retailers.

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Filed Under: Briscoes, Gainz, Sectors, Securities - NZ Tagged With: Briscoe, Rod Duke

Briscoe same-store sales up 5%

Friday 3 February 2017 by Bob Dey

Briscoe Group Ltd has lifted its adjusted same-store annual sales by just under 5% – sporting goods by 7%, homeware by 3.8%.

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Filed Under: Briscoes, Gainz, Sectors, Securities - NZ Tagged With: Briscoes

Propbd on Q W1Jul15 – Briscoe sets scene for Kathmandu takeover, Argosy sells sites

Tuesday 30 June 2015 by Bob Dey

Briscoe prepares takeover offer after grabbing 19.9% of Kathmandu – Argosy sells 2 Manawatu sites

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Filed Under: Argosy Property, Briscoes, Gainz, Market, propbd on Q, Sectors, Securities - NZ Tagged With: Argosy, Briscoe, Kathmandu, propbd on q

Briscoe signs conditional Stirling Sports franchising takeover

Friday 25 March 2005 by Bob Dey

Published: 25 March 2005 Rebel Sport owner Briscoe Group Ltd has signed a conditional agreement to take the franchising business for the Stirling Sports chain of sports goods stores off Mark Taylor’s Stirling Sports Franchises Ltd & Franchise Investments Ltd (in receivership since December). Franchise Investments licensed the intellectual property rights in the Stirling Sports […]

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Filed Under: Briscoes

Briscoe warns of hefty 2nd-half profit cut

Monday 20 December 2004 by Bob Dey

Briscoe Group Ltd’s directors said on Friday the company expected to make a lower full-year net profit after tax than previously indicated. They said November ended disappointingly, December trading started more slowly than anticipated and this was likely to bring a similar cut in 2nd-half profit to the $3.1 million first-half reduction. In that event, […]

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Filed Under: Briscoes

Briscoe aims at Stirling Sports takeover

Monday 1 November 2004 by Bob Dey

Rebel Sports owner Briscoe Group Ltd (managing director Rod Duke) is discussing the takeover of the franchise rights to the opposition 38-store Stirling Sports chain from Mark Taylor, whose listed RetailX business fell apart when receivers were called in to The Building Depot in September. Mr Taylor, of Christchurch, took over his father Colin’s franchising […]

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Filed Under: Briscoes

Briscoes’ Q2 sales slip but Duke says group picking up

Sunday 8 August 2004 by Bob Dey

Briscoe Group Ltd’s sales fell 1.3% in the July quarter, compared to that quarter last year, to $71.4 million. The gross margin percentage generated for both the first & 2nd quarters was significantly ahead of the percentage in the same quarter last year, but this was more than offset by higher operating costs, reflecting the […]

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Filed Under: Briscoes

Briscoe sells Nelson store, plans series of openings

Tuesday 22 June 2004 by Bob Dey

Briscoe Group Ltd has sold its Rebel Sport property in Nelson in a sale & leaseback transaction settling by 1 August. Briscoe bought the site in October 2002 and opened the Rebel Sport store there in April 2003. The company said it had also signed agreements to establish new Briscoes Homeware stores in the Coastlands […]

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Filed Under: Briscoes

Briscoe Group sales down, and well down same-store

Sunday 9 May 2004 by Bob Dey

Briscoe Group Ltd’s sales fell 1.9% in the 3 months to 30 April, to $67.3 million. Group managing director Rod Duke said same-store sales were down 8.9% but the gross margin overall was significantly ahead. He said the improved margin performance reflected strategic steps previously announced to redefine the positioning of the Briscoes Homeware and […]

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Filed Under: Briscoes

Briscoe net profit steady

Sunday 21 March 2004 by Bob Dey

Briscoe Group Ltd increased net profit after tax by just $60,000 to $23.62 million in the year to January, on operating revenue up 6.6% to $317.3 million, ebit (earnings before interest & tax) up 4.1% to $34.7 million and gross profit up 8.2% to $100.5 million. Briscoe will pay a fully imputed 4.25c/share final dividend, […]

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Filed Under: Briscoes

Strong finale pushes Briscoes well above forecast

Tuesday 2 March 2004 by Bob Dey

40% profit rise for retailer, same-store earnings up 11.3% Briscoe Group Ltd increased net profit after tax for the 12 months to 27 January by 40.2% to $17.5 million from the $12.5 million in 2001. The November 2001 prospectus forecast was for a $15.1 million profit. The final dividend is a fully imputed 3.25c/share, compared […]

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Filed Under: Briscoes

Briscoes has big profit lift

Tuesday 2 March 2004 by Bob Dey

After-tax profit up 58.5% on 14% sales rise Briscoe Group Ltd increased net profit after tax by 58.5% to $9.6 million in the July half on sales up 14% to $128.1 million. Gross margins rose from 30.9% to 31.7%, reflecting better inventory management over the 2001 summer holiday period. The company was helped by improved […]

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Filed Under: Briscoes

Briscoe profit up 2.6%

Tuesday 2 March 2004 by Bob Dey

Sales rise 10%, same-store 9.1% Briscoe Group Ltd increased net profit after tax by 2.6% to $9.86 million on sales up 10% to $140.9 million and ebit (earnings before interest and taxation) up 7.38% to $14.3 million in the 6 months to 31 July. Briscoe has paid Rebel Sport Australia the $A3 million final franchise […]

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Filed Under: Briscoes

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About Bob Dey Property

The Bob Dey Property website is primarily about commercial & development property in Auckland, policies & strategies that impact on the sector, listed property securities and wider economic influences. It examines infrastructure, access & urban design issues, and presents ideas from around the world. The emphasis is on appropriate depth & context.

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