KMD: Sales up 1%, but net loss deepens; transformation strategy targets FY26 margin recovery

About this update from Kmd Brands Limited

Group sales rose 1.0% to NZ$989.0 million, but a NZ$93.6 million net loss was recorded due to challenging trading conditions and a significant Oboz impairment. The 'Next Level' transformation strategy and restructuring aim to restore profitability, with FY26 targeting margin expansion and further cost efficiencies.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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