Q3 2021 Boozt AB Earnings Call Transcript
Hello, and welcome to the Boozt Audiocast Teleconference Q3 2021. Today, I'm pleased to present CEO, Hermann Haraldsson; and CFO, Sandra Gadd. (Operator Instructions)
Speakers, please begin your meeting.
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Good morning, and welcome to our Q3 2021 webcast. Yes, I think we just should dive right into the first slide, the key highlights. And basically to start off with, I would like to say that our department store model is paying off. We can see that our categories are growing at a high pace. And we still are benefiting from a high basket size and lower return rates. And now with 9 strong months in the book and the fourth quarter performing as expected so far. I'm pleased that we can reconfirm or -- already upgraded our outlook for 2021.
We grew 31.1% in the quarter compared to 2020. And on a 2-year stack, we grew 61.2%.
Looking at our 2 business segments, Boozt.com, we delivered a very strong performance in
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