Hey Percey ... does look like all the gloom and doom in the papers is just in the minds of the journos looking for a story

KMD on fire .... same store sales up heaps ..... and heck those fantastic margins even getting better

From the announcement -

Kathmandu's Chief Executive Officer Peter Halkett said that strong sales erformance in December and for the month to date in January in both Australia and New Zealand, coupled with improved gross margins have been the primary reasons for the year on year increase. "We have been pleased with our trading performance throughout the Christmas period", said Mr Halkett,