Page 53 - DoitBest 2021 Report
P. 53

Fiscal Year                                           Success is measured in many ways. However, it's ultimately

                                                                  the data that tells the story. Our 2021 fiscal year has been
            IN REVIEW                                             unlike any other and is something to celebrate.


                                                                  Here are a few highlights:








          GROSS                                                                      BILLION
           SALES            $         5.19

                    OF                                                                 The highest fiscal year


                                                                                       sales in our history.



        121              %                          TOTAL GROSS                         27              %
                                                                                        DIRECTS UP
                                                    SALES UP
                                                                    %


          INCREASE IN                               45
          LUMBER SALES
          The Do it Best lumber team has worked      Growth of nearly $1.6 billion in   Strong vendor programs combined with
          closely with members throughout the year   gross sales.                     even stronger member support grew
          to navigate a challenging market, working                                   drop ship purchases to a record level.
          to drive profit and growth.


          WAREHOUSE UP
          20                 %                                    REBATE OF





                              The continued goal of
                              serving members with                $
                              in-demand, profitable                        170
                              products is reflected in
                              warehouse sales growth.
         52                 %                                     The largest rebate in the      MILLION




                                                                  history of the co-op.
                              Shareholder investment in
                              the co-op yielded a 52%
          RETURN ON
          INVESTED            rate of return.
          CAPITAL

                                                                                                2021 REP OR T  |  53
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