Consumers have shifted to buy better quality goods, benefiting Briscoe Group’s bottom line and hurting competing retailers, says its managing director Rod.
Briscoe Group Limited reported earnings results for the full year ended January 28, 2024. For the full year, the company reported sales was NZD 791.95 million compared to NZD 785.85 million a year.
Retailer Briscoe Group delivered the goods again and the latest United States data rekindled investor sentiment, but the New Zealand sharemarket remained.