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KMD Brands Limited ( (AU:KMD) ) has shared an update.
KMD Brands Limited reported a positive trading update for the first quarter of FY26, with notable year-on-year sales growth for its brands Rip Curl and Kathmandu. Despite a slight decrease in gross margin due to inventory management, the company is on track to achieve $25 million in annualized savings to support its strategic growth plan. The upcoming Black Friday and Christmas periods are crucial for first-half results, as the company aims to balance sales and margins while reducing net debt.
The most recent analyst rating on (AU:KMD) stock is a Hold with a A$0.30 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 outdoor and adventure retail industry, primarily offering products through its brands Rip Curl, Kathmandu, and Oboz. The company focuses on direct-to-consumer sales, including online, and has a market presence in New Zealand and Australia.
Average Trading Volume: 631,690
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$173.6M
See more data about KMD stock on TipRanks’ Stock Analysis page.