Sales fell 4% to $293.4 million due to 145 store closures despite 1.2% comparable sales growth; margins improved and operating income rose to $18.6 million.
Company posted modest sales growth with improved margins, higher adjusted EBITDA, inventory reductions, and continued strength in fishing and hunting categories.
CM.com lowers expectations for 2025 after flat gross profit growth
CM.com has lowered its full-year 2025 expectations due to stagnation in gross profit, despite a rise in gross margin. EBITDA guidance is now at €22 million to €27 million.