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Dusk sales drop as stores closed, but online growth cushions the blow

(Source: Dusk)
Australian specialty retailer Dusk, has reported poor sales based on unaudited management accounts for the first half of the financial year. In a trading update, the company said sales fell 12 per cent to $80 million compared to $90.9 million in the first half of FY21 and $59.6 million in the first half of FY20. On the other hand, online sales were up 4.3 per cent contributing 9.3 per cent of total sales. The pro forma earnings before interest and taxes is expected to be between $21-$21.5 millio
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