On June 1, Dr. Martens released its financial data for FY2023. The data showed that the company’s annual revenue increased 10% (4% at constant exchange rates), exceeding the £1 billion mark for the first time.
Dr. Martens’ key financial figures for FY2023 are as follows:
Besides this, gross profits have also increased by 7% year-on-year to 618.1 million pounds, but the margin fell by 1.9 percentage points to 61.8%.
CEO Kenny Wilson noted, “Reaching this milestone is testament to the strength of our brand, our long-standing DOCS strategy, and the hard work and dedica …
