KMD Brands Limited has posted a record performance in the key winter promotional period, with manufacturing resuming in full for Oboz suppliers and inventory levels recovering.
Underlying FY22 EBITDA is expected to be in the range of $88 million to $94 million, and underlying EBIT $53 million to $59 million.
Same store sales YTD have been positive for both Rip Curl and Kathmandu, despite the impact of COVID on retail.
Group CEO and Managing Director Michael Daly said the group is well positioned for growth as travel rebounds globally and COVID impacts ease.
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