Full Year 2022 Adairs Ltd Earnings Call Transcript
Thank you for standing by, and welcome to the Adairs Limited FY '22 Results Call. (Operator Instructions) I would now like to hand the conference over to Mr. Mark Ronan, Managing Director and CEO. Please go ahead.
Good morning, everyone, and welcome to the Adairs 2022 Financial Year Results Call. Joining me this morning on the call is Ash Gardner, our CFO; and Jamie Adamson, our Head of Investor Relations.
2022 financial year has been a year of contrasting halves with significant lockdowns impacting results across the first half of the year, whilst the second half saw customers come back to stores in a more normal trading environment.
Over the year, the group delivered a record $565 million of sales and EBIT of $76.4 million. Importantly, for the group, each brand has made progress on their strategic priorities that will drive the ongoing growth for the group in the years to come. Adairs has continued to build upon the strength of the loyalty program with more than 1 million paid
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