Kathmandu Holdings (ASX:KMD) says on the back of higher sales, its expecting higher NPAT and EBIT for the full year ending 31 July 2017, compared to the prior corresponding period.
The online outdoor and camping store expects its NPAT to be between $37.4 million and $38 million, which is above FY16’s $33.5 million result.
Kathmandu’s EBIT is now tipped to be in the range of $56 and $57 million, far better than its FY16’s $50.9 million.
It comes as group same store sales rose 5.5 per cent on the back of key winter promotions and four consequtive quarters of growth.
Shares in Kathmandu Holdings (ASX:KMD) are trading 1.43 per cent higher to $2.13.