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Briscoe Group Australasia Limited (ASX:BGP)

ALERT: Price-sensitive ASX Announcement for BGP
Current share price for BGP : $3.800 -1.76 (-31.65%)+
Announcement
Release
7 Nov 2025 7:30AM
Price at Release
$5.560
Full Release
download
Summary
Briscoe Group Australasia Limited reported its 3rd Quarter Sales for the period ending 26 October 2025, revealing a total group sales of $171 million, which represents a decline of 1.76% compared to the previous year. Homeware sales experienced a growth of 1.80%, while sporting goods sales decreased by 7.33%. Online sales represented 18.48% of the total group sales. The company has maintained strong inventory management and gross profit margin performance, despite a challenging trading environment. Key initiatives during the quarter included the transformation of the Panmure Rebel Sport store into the new 'Rebel X' concept, the successful migration of online stores to a new Adobe platform, and significant progress in the construction of a new distribution centre at Drury. Briscoe Group remains cautious about the retail environment for the upcoming fourth quarter, although recent monetary policy changes are expected to potentially boost consumer confidence.
Key Points
  • Total Group sales for the quarter: $171 million, a decline of 1.76%
  • Homeware sales growth: +1.80%
  • Sporting goods sales decline: -7.33%
  • Online sales: 18.48% of total Group sales
  • Maintained strong inventory and gross profit margin
  • New 'Rebel X' concept store transformation
  • Migration to new Adobe platform and launch of Marketplacer
  • Progress on new distribution centre at Drury
  • Cautious outlook for the fourth quarter
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.