Aina Konold — Chief Monetary Officer
Nice query. So I will begin with the margins. The massive driver of our path again to profitability actually is the growth or the easing of the headwinds in gross margin particular to logistics. We’re already — we have now a really clear path on how a few of these issues will reasonable.
Crucial can be as we work down our stock and promote the stock that we introduced in early, we cannot want as a lot of the storage and the additional transportation prices that we’re incurring this again half. Secondarily, we have begun already the negotiations for a bigger portion of our containers being underneath a hard and fast contract reasonably than being on the spot market. After which lastly, it is a small piece, however we’re actually happy that JRNY will really start to assist us on the gross margin line subsequent 12 months. So excited for that to be serving to us.
Comments
0 comments