Kmd Brands LimitedNZX: KMD

KMD: FY24 sales remain soft, with EBITDA forecast at $50M and cost controls prioritized

· Issued by Kmd Brands Limited

Sales trends improved in 2H FY24 but remain below last year, with Kathmandu's winter sale lagging. EBITDA is forecast at $50 million, and cost controls are in place amid subdued consumer sentiment, especially in New Zealand.

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