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SENASTE
We reckon Footway Group, a leading online retailer of mainly footwear and sportswear, will continue to face headwinds from prevailing supply chain disruptions and lower online market traffic. This is compounded by lower marketing efficiency rates, as well as by increased freight costs and inflation in cost of goods. Based on lowered sales and gross margins and increased cost assumptions, we set our new mid-point at SEK 13 (SEK 20).
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