CORRECT: Kathmandu says full-year profit rose as much as 13%, driven by Australian sales

Wed, 02 Aug 2017

(Corrects third paragraph to show earnings slump was in 2015, updates shares in sixth) By Jonathan Underhill Aug. 3 (BusinessDesk) - Kathmandu Holdings says full-year profit rose as much as 13 percent after a successful winter sales season and increased revenue from Australia. Profit was between $37.4 million and $38 million in the 12 months ended July 31, from $33.5 million in 2016, the Christchurch-based outdoor equipment chain said in a statement. Earnings before interest and tax were in a range of $56 million to $57 million, from $...

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