Business
KMD: FY24 sales remain soft, with EBITDA forecast at $50M and cost controls prioritized
KMD: FY24 sales remain soft, with EBITDA forecast at $50M and cost controls prioritized
About this update from 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.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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