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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
2 mins to read

KMD Brands share price falls in response to ‘vague’ update

Shareholders weren’t impressed by the company’s latest guidance.

The trading update fell below expectations.

Kate McVicar Wed, 12 Jul 2023

KMD Brands share price fell close to 10% following a trading update released earlier today. 

Shareholders acted with their money against the outdoor retailer despite it saying it expected to deliver a record $1.1 billion in sales for the 2023 financial year.

As of 4:30pm Wednesday, the share price

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Kate McVicar Wed, 12 Jul 2023
Contact the Writer: kate@nbr.co.nz
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KMD Brands share price falls in response to ‘vague’ update
Investment,
99925
true