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KMD Brands Posts 7.9% Sales Growth as Kathmandu Leads Charge

7:45am on Wednesday 19th of November, 2025 AEDT Retail
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KMD Brands Posts 7.9% Sales Growth as Kathmandu Leads Charge

7:45am on Wednesday 19th of November, 2025 AEDT
Key Points
  • Total group sales up 7.9% year-on-year in Q1 FY26
  • Kathmandu same store sales surge 14%, Rip Curl grows 3%
  • Gross margin dips 120 basis points to 55.8% amid inventory clearance
  • Inventory reduced by NZ$8 million compared to last year
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