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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Briscoe Group
Briscoe Group (BGP) investor relations material
Briscoe Group H1 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2027 earnings summary15 Sep, 2026
Executive summary
Record first-half sales of $374.2m, up from $371.3m YoY, despite pressured consumer confidence, discretionary spending and weather-related disruption.
Strategic investment is shifting from capability-building to execution, with Drury operational and priorities on margin recovery, inventory discipline and cost control.
Financial highlights
Revenue was $374.206m versus $371.269m; gross profit was $152.865m versus $153.803m.
EBIT was $46.466m versus $46.948m; reported NPAT was $27.567m versus $29.305m.
Basic EPS was 12.37 cents versus 13.15 cents; diluted EPS was 12.35 cents versus 13.13 cents.
H1 included ~$1.9m of additional Drury operating costs and ~$0.9m of one-off SAP S/4HANA costs; partly offset by a ~$2.0m pre-tax net lease-accounting benefit.
Net finance costs rose $1.9m to $7.8m, reflecting lower interest income and higher lease interest.
Outlook and guidance
Second half begins with positive sales momentum, an improving gross-margin trend and major initiatives moving toward execution and value delivery.
Priorities are sustaining sales momentum, rebuilding gross profit percentage, controlling inventory and costs, and converting investment into operational and financial gains.
Retail conditions remain difficult to predict; the Board expressed confidence in strategic direction, financial position and long-term growth opportunities.
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Latest events from Briscoe Group
- Third consecutive quarter of sales growth, with NPAT expected to exceed $27 million.BGP
Q2 2026 TU - Record sales and disciplined cost management set the stage for future profit growth.BGPH2 2026
- Sales hit NZD 798.8m, profit dipped, and all resolutions passed amid digital and network expansion.BGPAGM 2026
- Sales grew 1.37% year-over-year amid challenging retail conditions and stabilized margins.BGPQ1 2026 TU
- Record sales, improved margins, and strong online growth drive robust annual performance.BGPQ4 2026 TU
- Sales and profit remained resilient, with robust online growth and major strategic investments.BGPH2 2025
- Sales dipped 1.76% in Q3, but margin stabilised and profit guidance holds at $60 million.BGPQ3 2025 TU
- Profit and margins fell, but online sales and capital investment in distribution grew.BGPH1 2025
- Record sales and strong underlying profit delivered despite margin pressure and a tax adjustment.BGPH1 2024
Briscoe Group
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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.