The US store roll out is key. They are smashing it there and only have a 207 shops there Vs 175 in Australia but with 20x the population.
In Europe they have only 1 shop in Spain which has double the population of Australia.
Region ($AUD '000)* HY24 HY23 Variance
Australia / NZ 111,748 113,869 -1.9%
Asia 19,763 19,002 4.0%
Africa / Middle East 28,859 28,178 2.4%
Europe 120,297 91,052 32.1%
Americas 91,425 62,493 46.3%
Total 372,091 314,594 18.3%
Stores look like they are maxed out in Australia judging on the above but international expansion is where the future growth is. Especially in the US and Europe.
Ann: 1H FY24 Half Year Results Presentation, page-34
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