KMD Brands Limited ( (AU:KMD) ) has shared an announcement.
KMD Brands Limited has announced that the recent US global tariff increases on products manufactured outside the US, particularly from Asia, will impact its operations. With Rip Curl and Oboz brands significantly present in the US market, the tariffs are expected to lead to price increases, affecting consumer demand. The company is exploring strategic options such as pricing adjustments, cost mitigation, and inventory management to protect profitability and stakeholder interests amid the uncertainty. The financial impact for the remainder of FY25 remains uncertain due to the fluid nature of tariff negotiations.
More about KMD Brands Limited
KMD Brands is a global outdoor, lifestyle, and sports company comprising three iconic brands: Kathmandu, Oboz, and Rip Curl. The Group operates over 300 stores globally, with its products sold in over 8,000 locations worldwide.
YTD Price Performance: -17.95%
Average Trading Volume: 211,861
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$227.3M
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