Some interesting info for people trying to gauge the results of their next annual report (wednesday).
Looking at their website traffic for FY2020, it has been on a steep increase. August dropped likely due to seasonal changes, but it won't be reflected in their annual report as the financial year ends on June 31st. In the US, Rip-Curl (one of KMD's acquisitions) also appears to be gaining an increasing online sales presence.
Google Trends for Kathmandu are also indicating some good things.
If you look at how well all the e-commerce business out there are flourishing like Kogan / TPW, I think people haven't realised that KMD is also in essence, an e-commerce business too. I am expecting a positive re-rate come wednesday.
KMD Price at posting:
$1.20 Sentiment: Buy Disclosure: Held
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