Rebel Sport posted sales of A$740.4 million ($477.7 mm) for the fiscal first half ended Dec. 27, up 5% from A$706.5 million, as demand patterns varied throughout the period and promotional activity ramped up in the second quarter. Comps were up 4%, primarily driven by more transactions. Performance sports saw strength in footwear and licensed apparel, while sporting equipment, hydration, and recovery also sold well. Gross margin contracted 40 basis points on increased promotions and elevated stock loss activity. This flowed down to segment EBIT of A$66.7 million, off 4% from ... Log in to view full article.