Kathmandu Holdings Limited (ASX: KMD) was founded in 1987 and now operates in Australia, New Zealand and the UK. It’s one of Australia and New Zealand’s largest outdoor gear retailers and now has over 165 stores across the two countries. The Kathmandu name shares the same name as Nepal’s capital, which is near the Himalayas.
The Kathmandu Holdings Limited (ASX:KMD) share price has fallen 14% today after a trading update and first half profit guidance released this morning.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 1.07% at lunch.
The S&P/ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today with the USA’s S&P 500 Index (.INX) rising overnight.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.25% at lunch.
Kathmandu Holdings Ltd (ASX:KMD) shares are up 17% after giving the market a trading update at its AGM.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.30% at lunch.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.41% at lunch.
From everyone here at Rask Media we wish you a happy Hump-day Eve as you digest today’s headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and Australian finance circles.
Kathmandu Holdings Limited (ASX:KMD) released its 2018 financial results to the market today revealing a 33% rise in profit.