NZ-listed KMD Brands eyes best day in 3 weeks on higher quarterly group sales

KMD Brands

19/11/2025 03:45

** Outdoor clothing retailer KMD Brands' NZ-listed shares KMD.NZ advances 3.64% to NZ$0.285, set for its strongest session since October 23

** Wetsuit brand Rip Curl owner's Q1 Group sales up 7.9% YoY

** On track to deliver NZ$25 million ($14.1 million) in annualised savings in FY26, resetting cost base to mitigate cost pressures and fund its growth plan - KMD

** Over 0.4 mln shares change hands, 1.4x with the 30-day avg

** Stock has lost ~36% YTD, including the day's moves

($1 = 1.7746 New Zealand dollars)

 (Reporting by Kumar Tanishk in Bengaluru)

 ((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))