Slow holiday sales pare back Kathmandu's expected profit boost
Shares drop on NZX after trading update.
Lower than expected sales in December failed to dampen a prediction that Australasian retailer Kathmandu Holdings would boost its first-half profit by 4-8%.
In a trading update for the 22 weeks to December 30, overall same-store sales 2018 are 1% below the previous period – 0.2% lower in
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Nevil Gibson
Thu, 03 Jan 2019
Thu, 03 Jan 2019
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Slow holiday sales pare back Kathmandu's expected profit boost
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