Briscoe Group, the homeware and sports goods retailer controlled by managing director Rod Duke, said annual profit rose 11 percent to a record as sales gained more than costs, allowing the company to lift its dividend. Profit rose to $30.5 million in the 12 months ended Jan. 27, from $27.5 million a year earlier, the Auckland-based company said in a …

Restaurant Brands New Zealand reported a 4.5 percent gain in fourth-quarter sales as the inclusion of two Carl’s Jr stores made up for weaker revenue from Starbuck’s Coffee as it closed six outlets. Sales rose to $72.96 million in the 12 weeks ended Feb. 25, from $69.8 million a year earlier, the Auckland-based company said in a statement. Annual sales …

Turners Auctions has lost the contract to sell damaged vehicles for Insurance Australian Group, New Zealand’s largest general insurer, eliminating a revenue line that generates more than 15 percent of profit. Auckland-based Turners currently has 555 damaged vehicles listed on its website and 1,000 that are undamaged. The contract with IAG ends in the next few months and the loss …