REI Releases 2022 Impact Report and Financials, Distributes $323 Million Back to Co-op Community
SEATTLE, April 19, 2023 /PRNewswire/ -- REI today released its 2022 Impact Report and financials results, closing the year with a record $3.85 billion in sales. The co-op ended the year with a strong liquidity and working capital position and continued to invest in its mission of investing in its members, employees, and the outdoors.
- REI today released its 2022 Impact Report and financials results, closing the year with a record $3.85 billion in sales.
- In 2022, REI put an additional $50 million toward pay raises for hourly employees and delivered another $92 million toward employee retirement and bonuses.
- Through direct advocacy programs like the Cooperative Action Network and advocacy alongside partners, REI embraced the power of its community to take action in 2022.
- REI welcomed 1.3 million members in 2022, bringing its total member count to 23 million lifetime members.