Nautilus (NLS) Q2 2022 Earnings Call Transcript

Particularly given the atypical retail seasonality patterns we have now seen, you will need to additionally talk about the primary half of the 12 months in mixture. For the primary half, internet gross sales have been $323 million, a 28% comp to LY and a 215% comp to LLY excluding Octane. Bear in mind 2022 is comping in opposition to the pandemic gross sales in 2021. So we’re fairly happy with our first six months’ efficiency.

And in reality, this primary half ranks as the most effective comparable interval in Nautilus’ historical past. For the primary half, adjusted working revenue was $22 million or 7%. Shifting on to our progress on our North Star Technique. Throughout our Investor Day in March, after we laid out our long-term imaginative and prescient and strategic plan, North Star, one of many areas we highlighted was our provide chain.

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