KMD Brands (ASX:KMD) has announced its results for the six months ended January 31, 2023, highlighting its sales growth is up 34.5% to $547.9M, which is a record first half for the company.
KMD Brands says there was continued sales growth for Rip Curl, a strong Aussie recovery for Kathmandu, as well as record first half sales for Oboz.
It also highlighted its gross margin remains resilient, increasing +100pbs (1% of sales), and an underlying EBITDA of $45.3M (1H FY22: $10.2M).
KMD Brands also declared an interim dividend of 3 cents per share (fully franked for Australian shareholders).