KMD Brands Full Year 2024 Earnings: EPS Misses Expectations

KMD Brands (NZSE:KMD) Full Year 2024 Results

Key Financial Results

• Revenue: NZ$979.4m (down 11% from FY 2023).
• Net loss: NZ$49.8m (down by 242% from NZ$35.1m profit in FY 2023).
• NZ$0.07 loss per share (down from NZ$0.049 profit in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

KMD Brands EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Specialty Retail industry in Oceania.

Performance of the market in New Zealand.

The company's shares are down 4.8% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on KMD Brands' balance sheet health.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.