Inventory levels weigh on Outnorth’s FY2022

Outnorth

International outdoor e-tailer Outnorth, based in Växjö, Sweden, has presented its financial results for FY2022. Net sales increased slightly to 1.1 billion Swedish kroner, compared with SEK 1.073 billion a year earlier. At the same time, operating profit fell significantly to SEK 2.1 million, down from nearly SEK 60 million ...

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