Kathmandu Holdings Limited has reported strong growth in the second quarter of its financial year, with same store sales up 15.7% compared to the same period last year.
Sales of its Rip Curl brand were up 2.0% despite ongoing COVID impacts, while Kathmandu reported a 15.1% increase in same store sales.
Wholesale orders for Rip Curl and Oboz remain significantly above pre-COVID levels, while online sales continued to grow strongly with Rip Curl +12.1% and Kathmandu +48.6%.
The Group's underlying EBITDA (1) is expected to be in the range of $9 million to $11 million.
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