New accounting standard affects Briscoe's forecast profit
While trading performance stays similar, there’s a forecasted $1.2m drop in first-half profit.
Asa Andersen Mon, 05 Aug 2019
Briscoe Group is forecasting a $1.2 million drop in its first-half profit this year following adjustments for a new leases accounting standard, while trading performance is expected to be similar to last year.
The retail giant, which owns Briscoes Homeware, Living & Giving, Rebel Sport and has
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