Kathmandu Holdings (ASX:KMD) have released a trading update showing sales for the 11 full weeks to 11th November 2018 grew 8.4 per cent.
Hiking boots company Oboz, Kathmandu bought earlier this year – they remain on track to achieve US$7.1 million EBITDA earn-out target for the 2018 calender year.
Their CEO says they have seen continuing demand for core Kathmandu products, following on from a successful winter last year.
He admitted their first half year result is higher dependent on the success of their Summer sale.
Shares in Kathmandu Holdings (ASX:KMD) closed 1.3 per cent lower at $2.32 yesterday.