Full Year
nal use only
52 week period ended 30 January 2022
nal use only
Contents
- Highlights
- Growth Equation
- Sales
- Gross Profit Margin %
- Net Profit After Tax
- Online Performance
- Online Experience
- Customer Satisfaction
- Team
- ESG
- Strategy
- Moving Forward
- Financial Summary
2.
Highlights
nal use only
Year ended 30 January 2022
Record Sales
- Group sales +6.08% to $744.4m
- Homeware sales +4.93% to $460.9m
- Sporting goods sales +8.00% to $283.5m
Continued Gross Profit Performance
- Gross Profit % up to 45.76% from 43.76%
- Gross Profit $ +10.92% to $340.6m
- Multiple supply chain initiatives in place to protect margin gains
Online Performance Improvement
- Online sales growth +21.01%
- Online sales 21.47% of total Group sales
- Front-endimprovements enhance customer experience
- Personalisation functionality introduced
- Back-endproductivity and process improvements
Record NPAT
- NPAT up 20.10% to $87.9m
Strong Balance Sheet
- Net cash at period end $102.5m
- Increased inventories to meet ongoing consumer demand with uncertain global supply chain
- 15.5 cents per share final dividend to be paid 31 March 2022
Strategic Initiatives contributing to increased profitability
- Improved customer experience delivered from customer personalisation
- Extended range building new revenue momentum
3.
The Growth Equation
Solid Foundations
Strategic Programme | Sustainable |
Business Growth | |
Global premium brands Relevant product markets
Proven resilience in challenging environments
Future | ||
New | ||
Supply | ||
Revenues | ||
Chain | ||
- Sales
- Gross Profit
- NPAT
only●
●
●
use●
●
●
● nal
Proven multi channel capabilities
Strong balance sheet
Lean operating model delivers agility
Strong growth in customer base.
- Record NPS achieved in both Briscoes and Rebel
- Strong Increase in customer database engagement
- Personalisedcomms driving increased customer lifetime value
● | Product availability | ● | Over 3,000 new |
improvements | products live | ||
implemented | from 15 suppliers | ||
● | Hybrid Online | with Drop ship | |
New store | |||
fulfilment pilot live | ● | ||
● | Online Digital | formats | |
performing | |||
picking phase 2 | ahead of | ||
live | expectations | ||
● | Online fulfilment | ● | Multi-year store |
speed increasing | refurbishment | ||
YOY | program in |
place
4.
Sales
use only | |||
nal | |||
Year-on-year sales | |||
increases pre and post | |||
lockdowns. | |||
Continuing strong growth across both segments.
Core business, new stores, online and strategic initiatives driving growth.
48 Homeware and
42 Rebel Sport stores.
5.
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Disclaimer
Briscoe Group Limited published this content on 15 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 March 2022 20:59:27 UTC.