Revenue GrowthConsistent double-digit top-line growth (~14%) supports scale and market-share recovery, enabling better purchasing terms, marketing leverage, and continued investment in omnichannel capabilities. Sustained revenue expansion underpins medium-term ability to fund strategic priorities despite current margin weakness.
Gross Margin StabilityA gross profit margin near 46.8% signals effective cost-of-goods management and pricing power across categories. That margin buffer provides durable headroom to support promotional activity, invest in store and digital experiences, and absorb input cost swings while working to restore operating profitability over months.
Cash Conversion AbilityDespite recent FCF deterioration, these conversion ratios show the business can translate accounting income into cash at a meaningful pace. Structural cash-conversion capability supports liquidity management, working-capital funding and targeted capex, giving the company levers to improve operations over the medium term.