Ecclesiastes 11:2: Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Kathmandu Holdings says Covid-19 lockdowns are shaving up to $10 million a week off its profits, and the impact is worse than last year with 42 per cent of its store network closed
It is actually worse than last year because Auckland only had a two-week period last year, and we have got Victoria and New South Wales where last time it was just basically Victoria, so the lockdown period for the first quarter is worse, Kathmandu chief financial officer Chris Kinraid said on a conference call
Kathmandu Holdings says Covid-19 lockdowns are shaving up to $10 million a week off its profits, and the impact is worse than last year with 42 per cent of its store network closed
“It is actually worse than last year because Auckland only had a two-week period last year, and we have got Victoria and New South Wales where last time it was just basically Victoria, so the lockdown period for the first quarter is worse,” Kathmandu chief financial officer Chris Kinraid said on a conference call
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