KEY POINTS:
Briscoe Group chief executive Rod Duke has dismissed any threat from Kathmandu founder Jan Cameron moving into the homeware business.
Cameron has started six homeware stores under the Nood brand which could compete in the same retail sector as Briscoes chains that include Briscoe Homeware and the single Urban Loft store.
Duke said that Cameron - who has also taken a stake in Postie Plus - had achieved good things at Kathmandu but her experience was limited to that area.
He was not concerned about Cameron's entry to the sector.
Meanwhile Briscoe Group has ended its fourth quarter to January 27 with same store sales up only marginally from a tough year in 2007. Overall sales were up 5 per cent but on a same store basis, the group's sales for the quarter were only 0.01 per cent above those for the fourth quarter of last year.
Same store sporting good sales through Rebel Sport were down.
On a same store basis, the group's sales for the 12 months ended January 27 were 2.68 per cent ahead of the same period last year.
Homeware same store sales increased 4.26 per cent compared with last year, while sporting goods sales decreased by 1.12 per cent.
Briscoe Group expects a tax paid profit for 2007/08 of around $22 million.
