Outdoor Adventure Clothing Brand Kathmandu Revenue Fell 4.5% In Fiscal Year

according to

Kathmandu, an outdoor adventure clothing brand (Kathmandu), said its net income fell 4.5% to 42 million 200 thousand NZD in the fiscal year, but achieved the best expected performance.

The company is also ready to cash in to its British branch to open up the European market.

A cold wave in early winter stimulated the demand of the New Zealand apparel retailer, the report said.

Earlier, because of the company's main push.

The market is warmer than expected, making it aware of the risk of further decline in earnings.

In the year to July 31st, Kathmandu's sales increased by 2.3% to 392 million 900 thousand NZD; pre tax earnings fell 4.5% to 64 million 300 thousand NZD; stock earnings per share decreased by 1.1 from New Zealand to 21 knob; gross margins increased from 63% to 63.1%.

The company announced a final dividend of 9 cents per share, with a total dividend of 12 knot per year, which is basically the same as the dividend level in the 2013 fiscal year.

Kathmandu's current COO Mark (Mark Todd) said that in June, when the gold sales period was cold and the negative impact of the exchange rate was 5 million 800 thousand yuan, the company achieved satisfactory results.

In the 2014 fiscal year, the same store sales increased by 4.2%, and 15 new stores were opened throughout the year. The net sales increased by over 35%.

Its Australian branch has not seen a significant increase in its performance.

Sales increased by 6.9%, while New Zealand's same store sales decreased by 0.1%, while the same store sales in the UK increased by 12.7%.

Reported that in the current fiscal year, Kathmandu plans to invest 5 million New Zealand dollars to the British market and other European markets to build the sports brand, and to recruit its Summit Club members for its loyalty program and expand its online business.