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KMD Brands Limited ( (AU:KMD) ) has shared an announcement.
KMD Brands Limited has announced a comprehensive global transformation strategy, ‘Next Level,’ aimed at driving sustainable and profitable growth. This strategy focuses on aligning the company’s brand and product offerings with a customer-centric growth agenda, optimizing operational efficiency, and enhancing digital capabilities. Key initiatives include a $25 million cost reset, product innovation through ‘Centres of Excellence,’ and a revitalized store portfolio. The company aims to strengthen its market position and increase shareholder value through these strategic changes.
The most recent analyst rating on (AU:KMD) stock is a Hold with a A$0.27 price target. To see the full list of analyst forecasts on KMD Brands Limited stock, see the AU:KMD Stock Forecast page.
More about KMD Brands Limited
KMD Brands Limited operates in the retail industry, focusing on outdoor and adventure apparel and equipment. The company’s primary products include technical performance gear and lifestyle clothing, with a market focus on enhancing brand equity and customer engagement across key global markets.
Average Trading Volume: 424,213
Technical Sentiment Signal: Sell
Current Market Cap: A$156.6M
See more insights into KMD stock on TipRanks’ Stock Analysis page.