Latest Kmd Brands (Asx:Kmd) News

KMD Brands reported a challenging FY25 with a net loss but has launched a transformative ‘Next Level’ strategy focused on cost reset, product innovation, and digital growth. Early FY26 trading shows promising sales momentum, signaling potential turnaround.

KMD Brands reports a solid 7.9% increase in first quarter sales, driven by strong Kathmandu and Rip Curl performances, while managing inventory and margin pressures ahead of key seasonal trading.

KMD Brands reported a modest 1% sales increase in FY25 but faced a sharp 65% drop in underlying EBITDA, prompting a bold 'Next Level' turnaround strategy targeting margin expansion and debt reduction in FY26.

KMD Brands reported a slight revenue increase to NZD 989 million for FY25 but faced significant underlying losses, prompting a strategic reset. The company also reinforced its commitment to tackling modern slavery risks across its global supply chain.

KMD Brands has launched a comprehensive 'Next Level' turnaround strategy targeting $25 million in cost savings alongside $15 million in growth investments, aiming to restore profitability and accelerate brand-led expansion.

KMD Brands has launched a comprehensive transformation strategy aimed at unlocking brand potential and driving sustainable growth through cost reductions, product innovation, and digital acceleration.

KMD Brands reports mixed sales across its portfolio with a notable rebound in Kathmandu’s direct-to-consumer sales and robust online growth, while managing tariff uncertainties and margin pressures.

KMD Brands reports improving sales in direct-to-consumer channels for FY25’s first five months, offset by ongoing wholesale challenges and a forecasted dip in EBITDA.