Rebel Sports posted sales of A$706.5 million ($459.2 mm) for the fiscal first half ended Dec. 28, up 4% from A$676.7 million, as growth picked up in Q2 with a record Christmas result. Comps were up 2.6% for the period on gains in both transactions and ATV as all apparel and health & wellbeing categories posted growth. Performance sports saw strength in footwear and licensed apparel. Gross margin contracted 150 b.p. on mix shift, elevated stock loss activity, and loyalty program launch impacts. This flowed down to segment EBIT of A$69.3 ... Log in to view full article.