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Briscoe Group Australasia Limited (ASX:BGP)

ALERT: Price-sensitive ASX Announcement for BGP
Current share price for BGP : $3.700 -0.1 (-2.63%)+
Announcement
Release
3 Aug 2026 7:41AM
Price at Release
$3.800
Full Release
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Summary
Briscoe Group Australasia Limited reported a third consecutive quarter of positive sales growth despite challenging economic conditions. The 2nd Quarter Group Sales increased slightly to $193.4 million, marking a 0.25% rise compared to the previous year. The first half of the financial year saw total sales reaching $374.2 million, reflecting an increase of 0.79%. Online sales also performed well, growing by 2.07% and comprising 19.60% of total sales. The company launched a new rewards system for its Rebel Sport Club to enhance customer engagement. Despite ongoing pressure on consumer spending and geopolitical issues impacting certain product sales, such as homewares, the company expects the reported net profit after tax to be not less than $27 million for the period ending 26 July 2026. Sporting goods sales notably rose by 4.84% due to strong consumer interest driven by significant sporting events.
Key Points
  • Third consecutive quarter of positive sales growth.
  • 2nd Quarter Group Sales totalled $193.4 million, an increase of 0.25%.
  • 1st Half Group Sales reached $374.2 million, a rise of 0.79%.
  • 1st Half Group Online Sales saw a growth of 2.07%, contributing an additional $1.5 million.
  • Online sales mix increased to 19.60% from 19.36% the previous year.
  • New rewards system launched for Rebel Sport Club.
  • Reported Net Profit after Tax (NPAT) is expected to be not less than $27 million.
  • Sporting goods sales increased by 4.84% for the quarter.
  • Homewares sales declined by 2.17% due to lower-than-expected demand and geopolitical tensions affecting travel.
  • Improvement in gross profit percentage anticipated despite a decline compared to the prior period.
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.