The down under retailer hopes to keep the positives of Australia’s lockdown whirlwind sticky with fleet expansion across its sports and outdoor banners, in a new strategy outlined at its 2023 Investor Day. It touted strong recent results including a 3-year revenue CAGR of 9%, moving the needle from A$2.7 billion in ’19 to A$3.6 billion ($2.5 bb) in ’22, while EBIT posted a 19% CAGR in that timeframe from A$207 million to A$350 million ($243 mm). Gross margin is beginning to normalize as it dropped 110 b.p. to 46.8% in ... Log in to view full article.