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.

LISTEN ABOVE

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.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Jeremy Hutton: Milford Asset Management Equities Analyst on Briscoe Group sales dropping

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/9a0f1b73-c5e9-4995-9021-b2d6008c775b/transcript