With Australia Post cutting costs and reducing delivery days per week, Kathmandu got around this by offering same day UBER deliveries within 10km of key stores/areas. Clever pivot in my opinion and I don't see a backlog in deliveries at all. Customers are probably even happier about this offering.
From their website:
https://www.kathmandu.com.au/orders-and-delivery?standard-delivery-reveal
KMD bullish technicals, page-24
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45.0¢ |
Change
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Mkt cap ! $320.2M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 45.0¢ | 44.0¢ | $107.0K | 240.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.5¢ | 40000 | 1 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| KMD (ASX) Chart |