Macpac NZ profits drop 71% as softer sales hit margins

Macpac NZ profits drop 71% as softer sales hit margins
Macpac and Kathmandu are facing similar sales trends. (Image: NZME)
Gregor Thompson
Macpac New Zealand’s profits have slumped, and the outdoor clothing retailer has built up stock amid a soft retail backdrop.The local arm of the Australian Securities Exchange-listed (ASX) Super Retail Group reported net profit after tax (npat) of $3 million for the year to 28 June 2025, down from $10.3m a year earlier. Revenue slipped 3.8% to $96.8m, while other income – mainly management and licence fees from the parent company – more than halved to $4.2m.In August, Super Retail Group reported total revenue for the Macp...

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