Brief: Kmd Brands Sees Underlying FY22 EBITDA In Range Of NZ$88 Mln To NZ$94 Mln

KMD Brands

13/07/2022 09:49

July 13 (Reuters) - KMD Brands Ltd  KMD.NZ :
    * SEES UNDERLYING FY22 EBITDA IN RANGE OF NZ$88 MILLION TO
NZ$94
MILLION
    * FY TOTAL SALES ARE EXPECTED TO BE IN RANGE OF NZ$955
MILLION TO
NZ$965 MILLION
    * SAME STORE SALES YEAR-TO-DATE REMAIN POSITIVE FOR BOTH RIP
CURL
AND KATHMANDU
    * SEES FY INVENTORY LEVELS ARE FORECAST TO BE ABOVE LAST
YEAR
    * KATHMANDU'S Q4 PROFITABILITY IS EXPECTED TO BE ABOVE
PRE-COVID
LEVELS
    * CONTINUES TO TARGET LONG-TERM OBJECTIVE OF 0.5X NET DEBT
TO
UNDERLYING EBITDA


Further company coverage:  KMD.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))