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REI Reports Zero Profits for 2020: ‘Member Reward’ to Replace Dividend

February 25, 2021

REI broke the news in a letter to its 19 million-plus members, saying 2020 was “one of the most difficult years” in the brand’s history. But noted that the co-op also carried no debt and would issue a “member reward” in lieu of the traditional dividend. Gear Junkie