REI, the big American outdoor specialty retail chain, managed to increase its sales from $1.79 billion in 2011 to $1.93 billion last year. In the same period, the gross profit jumped from $763.1 million to $802.6 million, while the operating profit went up from $133.2 million to $136.6 million. On the other hand, the company's pre-tax earnings dipped slightly from $46.6 million to $44.6 million. Currently, REI's retail network comprises 128 outdoor stores across the U.S. REI is a retail cooperative founded in 1938 and stands for Recreational Equipment, Inc.
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