Transformation in eCommerce and Marketplace
Significant progress in transforming the marketplace to an innovative eCommerce leader, with an increase in take rate from 5.8% to 6.2% due to category fee changes, advertising revenue, and enhanced listing option fees.
New Product Launches and Deliveries
Launch of new premium rifle hunting segments and delivery of 211,000 pieces of 12.7x108 for ZRO Delta.
Cost-Cutting and Efficiency Initiatives
Identification of up to $15 million in cost-cutting and working capital opportunities, with organizational alignment and talent to execute these initiatives.
Increased Ammunition Production
Increase in rifle brass production, with a steady progress expected in rifle case production in the quarters ahead.