Stable Sales in Challenging Environment
Despite economic headwinds, reported sales increased by 1.6% to $3.1 billion, reflecting resilience in a difficult market.
Improved Cost Management
Cost of doing business decreased by 40 basis points to 32.2% of sales. Head office costs were reduced by 7.8%.
Sustainability and Community Initiatives
66% of private label sales now use sustainable packaging. Scope 1 and 2 emissions were down 45% compared to FY '23.
Sales Growth in Key Categories
Unit sales growth was strong, with 4.6% increase across all three brands. Key categories such as home, apparel, toys, and beauty performed well.