Kathmandu Results Jump in FY 2018
Net income improved 33% to NZD 50.5 million ($33.2 mm) from NZD 38.0 million for the fiscal year ended Jul. 31 as sales improved 12% to NZD 497.4 million ($326.8 mm) from NZD 445.3 million. Kathmandu sales rose 8% and the rest of the increase was from the Oboz shoe acquisition in Apr. Oboz had pro forma sales of NZD 49.1 million for the FY with EBIT ... Log in to view full article.