Sam Trethewey: Milford Asset Management Portfolio Manager on KMD Brands posting 11 percent sales drop

Heather du Plessis-Allan Drive

Konten disediakan oleh NZME and Newstalk ZB. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh NZME and Newstalk ZB atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.

2M ago 3:32

MP3•Beranda episode

Sales at Kathmandu owner KMD Brands slumped by 11 percent, with all three of its brands feeling the effect of weak consumer confidence in its latest financial year.

The company had a statutory net profit after tax decline of $48.3 million for FY24, including a one-off non-cash impairment on the goodwill of its shoe brand Oboz of $40.3 million.

Milford Asset Management's Sam Trethewey says investors didn't have high expectations ahead of this announcement.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

7958 episode

#New Zealand Current Affairs #New Zealand #NZME #Newstalk ZB #News