Kathmandu Warns of Revenue, Profit Hit from Closures
Kathmandu Holdings has taken a top line hit from new Australian lockdown policies, which have forced 40 stores in New South Wales to close through at least the second week of July and 26 stores in Western Australia to shutter through July 3. Both closures follow Victoria’s two-week lockdown in early June that impacted 62 stores. The loss of operating days add up to FY ‘21 sales expected to ... Log in to view full article.