KMD 1.10% 45.0¢ kmd brands limited

MYR down 49% yearly, page-15

  1. 11,215 Posts.
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    Funny you mention that - in today's presentation they state the following, before saying that they have a response to it:

    "•Current sales promotional challenge:
    •Over time the total number of days on promotion has increased, driving:
    •A continued decline in sales early in sale periods, resulting in an over reliance on end of sale further discounting and clearance activity."

    And then in the press release:

    "Trading in the first week of Easter sale was soft in Australia, but
    satisfactory in NZ."

    So not much has changed since xmas?

    SSS on CC are down 2% - although it is a quiet period - does not bode well.
 
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