Briscoe Group Limited, which includes Briscoes Homeware and Rebel Sport stores in New Zealand, announced that unaudited sales for the three months ended April 30, 2005 were NZ$74.6 million ($53.9 mm) a 10.8% increase over the NZ$67.3 million ($44.8 mm) reported for the same quarter of last year. After adjusting for new stores opened since April 2004, same store sales for the quarter were 5.76% ahead of the first quarter for last year.
Rebel Sport sales increased by 17.0% to NZ$25.8 million ($18.6 mm) from NZ$22.1 million ($14.7 mm) in the year ago quarter. On a same store basis, Rebel Sport sales were 9.4% ahead of last year.
Deputy managing director Alaister Wall said, “Briscoe Group has made a very pleasing start to the new year with both sales and gross profit continuing the strong finish made through the end of the last financial year.”
