Kathmandu Holdings Limited

( ASX:KMD ) - Retailing


Boot Maker Kicks Kathmandu Profit Higher

While Kiwi outdoor apparel retailer Kathmandu seems to have tracked down a vein of Aussie consumers who were ready to spend enough to boost the company’s earnings to record levels in the year to the end of July, the real boost came from the first full year contribution from US boot maker, Oboz.

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Oboz Footwear Fits Kathmandu

Kathmandu ((KMD)) improved its trading momentum in the first half. Gross margins improved strongly in February, which partly reflects a weak comparable period in New Zealand, although Deutsche Bank cautions that this is a small sample in a low season.

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