Briscoe Group
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Briscoe Group (BGP) investor relations material

Briscoe Group Q4 2025 TU earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q4 2025 TU earnings summary3 Feb, 2026

Executive summary

  • Achieved record fourth-quarter sales of $256.6 million, up 4.58% year-over-year, and record full-year sales of $798.8 million, up 0.93% year-over-year.

  • Both Homeware (+1.42%) and Sporting Goods (+0.13%) segments delivered positive full-year sales growth.

  • Online sales reached 20.04% of total sales, up from 19.69% last year.

  • Strong fourth-quarter performance reversed earlier nine-month sales lag.

Financial highlights

  • Full-year gross profit margin expected at approximately 39.20%.

  • Second-half gross margin decline reduced to 75 basis points, compared to 154 basis points in the first half.

  • Expected full-year net profit after tax (NPAT) in the range of $59.0–$60.0 million.

  • Interest income for the year will be about $3.2 million lower than last year due to lower rates and reduced cash holdings.

Outlook and guidance

  • Full-year results and final dividend announcement scheduled for 11 March 2026.

  • Sustaining momentum will depend on ongoing economic recovery and consumer confidence.

How did Briscoe halve H2 gross margin decline?
What is the impact of the new Rebel X store?
How did Briscoe limit cost increases to <1.5%?
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Frequently asked questions

Briscoe Group Limited is a retail company operating a chain of stores in New Zealand under the Briscoes Homeware, Rebel Sport, and Living & Giving brands. The company offers a wide range of products, including homeware, sporting goods, and seasonal items. Briscoe Group’s stores cater to diverse consumer needs, with a focus on household essentials, kitchenware, furniture, and sports equipment. The company is headquartered in Auckland, New Zealand, and its shares are listed on the NZX.

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