Well the online dept certainly have something running through their veins, with online sales up a HUGE 40%.
That's Incredible.
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Hard to argue against that assessment. Not many have their finger on the pulse as well as Rod. Still, give Xavier some credit Madcuffy, he's only been in the role a year but seems to be doing a good job so far.
I'm not a holder in the stock but boy I love these reports. Rod must be one of the best in the business. Long may it continue. Well done to holders.
Some time ago I read that the most profitable companies are characteristically not the most profit oriented.
The feeling was that great businesses are created by people who love doing business rather than by people who love making money.
That seems to sum up Rod Duke
He pretty amazing that Rod .....and Briscoes
https://www.nzx.com/files/attachments/243876.pdf
Rod Duke, Group Managing Director, said: “We are very pleased to finish this first half with strong growth recorded in sales, gross profit and bottom line profit. To post a record first half profit result representing growth in excess of 30%, despite the ongoing competitiveness of the retail environment and the impact on winter-dependent categories with the late start to the colder months, is a great achievement for the team.
I want some! :t_up:
Wandering around Rebel in Qtown (Frankton) today, was struck by the number of surf casting rods they had there!
not or the place where I would have thought they sold many? Maybe the lake gets a little more rough than I thought, and maybe the fishermen are particularly optimistic......
Normalised npat up 19% for year - another great result for Rod
Q4 sales growth not that high but Rod said taking care of margins was the priority.
No wonder share price up 45% last 52 weeks
He a good guy that Rod.