Kathmandu says first half profit slightly stronger on increased Australian sales

Mon, 06 Feb 2017

By Rebecca Howard Feb. 7 (BusinessDesk) - Kathmandu Holdings said first-half profit was slightly higher from a year earlier, partly bolstered by solid same store sales growth. The Christchurch-based outdoor equipment chain said net profit was $9.9 million on year in the six months to Jan. 31, versus $9.4 million a year ago. Total sales were about $196.3 million compared to $196 million for the comparative prior period. The same stores sales growth, which is calculated for the 26 weeks to Jan. 27, was up 3.4 percent on a constant currency ...

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