Slow holiday sales pare back Kathmandu's expected profit boost
Shares drop on NZX after trading update.
Nevil Gibson Thu, 03 Jan 2019
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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