BGR - Briscoes Valuation

[Toddy]

Credit to the team alright. That's impressive in the current environment.

[winner69]

Always admire Briscoes fifer having reports out so quickly

Most take the full 2 months they have …but not Briscoes

Sign of an efficient well run business who are always on top of things …..and shows in their results

[winner69]

Rod says “It's hard to complain when you see some of our competitors suffering to a large extent because of reduced demand for their product or their brand,”

Prob referring to WHS lol

just shows you need to micromanage the things that matter when macro things not going your way

good stuff Rod ….pity others don’t learn from him

[bull....]

Duke still da man

[Sideshow Bob]

Solid

https://www.nzx.com/announcements/430644

The directors of Briscoe Group Limited (NZX/ASX code: BGP) announce that unaudited sales for the first trading quarter ended 28 April 2024 (91 days) were $183.0 million, being 1.03% higher than the $181.2 million achieved for the same quarter of last year.
First quarter sales for the Group’s homeware segment decreased by 1.09% to $108.7 million, while sporting goods sales increased by 4.28% to $74.3 million.

[Rawz]

Solid

https://www.nzx.com/announcements/430644

The directors of Briscoe Group Limited (NZX/ASX code: BGP) announce that unaudited sales for the first trading quarter ended 28 April 2024 (91 days) were $183.0 million, being 1.03% higher than the $181.2 million achieved for the same quarter of last year.
First quarter sales for the Group’s homeware segment decreased by 1.09% to $108.7 million, while sporting goods sales increased by 4.28% to $74.3 million.

a drop in real terms (inflation adj) but yes super solid result in current climate

[winner69]

All the gloom and despondency in the media about how stuffed retail is has caught up with Briscoes

Share price collapsing .....down close to 4 bucks ...was 4.50 odd a week ago when good quarter sales announced

[Rawz]

The bear is coming for all

[nztx]

The bear is coming for all

Smart bear run away & now busy foraging in fields far away from doom & gloom as far as eye can see

but the Duke is bound to come shuffling out again & again with further dazzling shiny results to please all