Briscoe Group (BGP) Q2 2026 TU earnings summary

Executive summary

• Achieved third consecutive quarter of positive sales growth despite challenging economic conditions and slow consumer confidence recovery.

• Sporting goods segment delivered strong performance, while homewares declined due to lower demand and external factors.

• Online sales continued to grow, supported by customer engagement initiatives and a new rewards system.

Financial highlights

• Second quarter group sales reached $193.4 million, up 0.25% year-over-year.

• First half group sales totaled $374.2 million, a 0.79% increase year-over-year.

• First half online sales grew 2.07%, adding $1.5 million, with online mix rising to 19.60%.

• Net profit after tax for the first half expected to be not less than $27 million.

• Gross profit percentage expected to decline by 57 basis points, a smaller drop than last year’s 115 basis points.

Outlook and guidance

• Net profit after tax for the six months ending 26 July 2026 expected to be at least $27 million.

• Board remains confident in strategic direction and long-term growth opportunities.

• Interim dividend announcement expected with half-year results on 16 September 2026.