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KMD Brands Sees Direct-to-Consumer Sales Rebound Amid Wholesale Slump
7:31am on Friday 24th of January, 2025 AEDT
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Retail
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KMD Brands Sees Direct-to-Consumer Sales Rebound Amid Wholesale Slump
7:31am on Friday 24th of January, 2025 AEDT
Key Points
Direct-to-consumer sales up across all three brands
Wholesale sales remain subdued, continuing year-on-year declines
Group online sales surge 18.4% year-on-year
Underlying EBITDA expected to drop sharply to $1–3 million in 1H FY25
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KMD Brands (ASX:KMD)
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