I love how prompt the quarterly updates are - not just because I'm impatient - but it signals how good their systems are, and the situational awareness they possess. In Q1 they said they would beat FY22 NPAT which raised my eyebrows, and to their credit they have stuck to that guidance each quarter. Exudes confidence and self awareness of how their business operates.
At yesterday's close this is what about 12.4xPE and gross dividend yield of about 8%. Next year will be a different chapter I'm sure.
• Record full-year (52 weeks) Group sales $785.9 million, +5.56%
• Full year Homeware sales growth, +5.77%
• Full year Sporting goods sales growth, +5.22%
• Full year Online sales as mix of total Group sales, 18.97%
• Expected record full-year net profit after tax (NPAT) not less than $88 million
• Announcement of full year results including final dividend - 15 March 2023
Full year: 31 January 2022 – 29 January 2023 (52 weeks):
The directors of Briscoe Group Limited announce unaudited sales for the full-year, 52-week period to 29 January 2023 of $785.9 million, an increase of 5.56% on the $744.4 million reported for last year.
Highlights for the full year ended 29 January 2023: • Total sales $785.9 million, +5.56% • Gross profit $345.9 million, +1.55% • Online sales as mix of total Group sales, 18.97% • Net profit after tax (NPAT) $88.4 million, (LY $87.9M) • Final Dividend 16.0 cps • Total Dividend for the year 28.0 cps, +3.70%
duke did it again record results
good too see he is up front and says next yr wont be as good
aye looking forward to my chunky dividend.
he's been on the speaking tour for a month or two now saying FY24 internal budget set lower than for the year just been (source, NBR). Hardly surprising.
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Originally Posted by Rawz
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