Business
Kogan trims guidance as discounting takes toll on margins – The Australian Financial Review
Heavy discounting to clear surplus stock has taken a toll on Kogan.com’s June-half profits.
Active customer numbers for Kogan.com appear to have gone backwards in the June quarter, falling to 3.207 million compared with 3.215 million at the end of March, but were 46 per cent higher than those in 2020.
Co-founder and chief executive Ruslan Kogan…
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