Kmd Brands LimitedNZX: KMD

KMD: Sales up, net loss deepens, no dividend as DTC shines but wholesale lags

· Issued by KMD Brands Limited

KMD Brands reported 0.5% sales growth to $470.9M for 1H FY25, but posted a $20.7M net loss and suspended its interim dividend amid margin pressure and slow wholesale recovery. DTC and online sales grew strongly, while net debt and inventory were reduced.

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