The company had an incredible growth story, but its steep fall from grace last year has split the market over its prospects for recovery. Full-year sales in 2021 fell 30 per cent, underlying earnings plunged 76 per cent, and net profit tumbled 77 per cent.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com