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News / Business / Business Briefs

Outdoor retailer REI reports record numbers

By Associated Press
Published: April 11, 2019, 6:00am

SEATTLE — Washington-based outdoor retailer Recreational Equipment Inc. posted record numbers for 2018.

The Seattle Times reported Tuesday that REI posted $2.78 billion in sales, $47.1 million in net income, and $204 million in member dividends and other rewards (up 6 percent, 54 percent and 4 percent, respectively).

The company also added more than a million new members last year, for a total of 18.3 million.

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