Hot Stocks Kathmandu (KMD)

2nd Aug 2011

Hot Stocks Kathmandu (KMD)|ASX KMD|KMD Shares NewsKathmandu (ASX:KMD) is a clothing and equipment provider for the travel and adventure market.

Today, KMD reported a 24.5% increase in sales for the FY11, defying what has generally been a gloomy year for retailers.

Kathmandu faced tough trading conditions, but was able to grow sales due to better inventory management, favourable weather patterns and healthy results from its new stores.

KMD has been one of the hot stocks in what has otherwise been a bearish day for the Australian share market.

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