44 stories mentioning ASX:KMDUpdated 3d ago
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Consumer durable stocks advanced nearly 2% in recent Thursday trade.KMD Brands (NZE:KMD, ASX:KMD) gained 1% in recent trade.On the flip side, the consumer services sector struggled, shedding almost 3%.Sky Network Television (NZE:SKT, ASX:SKT) shares fell nearly 5% in recent trade.
Consumer durable stocks advanced nearly 3% in recent trade Wednesday.KMD Brands (NZE:KMD, ASX:KMD) gained almost 3% in recent trade.On the flip side, the distribution services sector struggled, shedding almost 3%.Rua Bioscience (NZE:RUA) shares fell nearly 3% in recent trade.
Consumer durable stocks advanced past 4% at midday Tuesday.KMD Brands (NZE:KMD, ASX:KMD) gained more than 4% in recent trade.On the flip side, the distribution services sector struggled, shedding 2%.Vulcan Steel (NZE:VSL, ASX:VSL) shares fell past 2% in recent trade.
Consumer durable stocks advanced 2% at midday Monday.KMD Brands (NZE:KMD, ASX:KMD) gained 2% in recent trade.On the flip side, the distribution services sector struggled, shedding more than 3%.Vulcan Steel (NZE:VSL, ASX:VSL) shares fell past 3% in recent trade.
Shares of non-energy mineral firms gained the most on New Zealand's Exchange, rising over 3% by midday Wednesday.Shares of Fletcher Building (ASX:FBU, NZE:FBU) rose over 4% in recent trade.The building materials firm on Wednesday logged NZ$0.209 in earnings per share for fiscal 2026, compared with a loss of NZ$0.414 a year ago.Meanwhile, the consumer durables sector fell almost 2%.KMD Brands (NZE:KMD, ASX:KMD) was down nearly 2% in recent trade.
Industrial services gained the most among New Zealand sectors on Tuesday, advancing almost 3%.Ventia Services Group's (NZE:VNT, ASX:VNT) shares gained past 2% in recent trade.Meanwhile, the consumer durables sector fell 4%.KMD Brands (NZE:KMD, ASX:KMD) was down nearly 2% in recent trade.
Consumer durables shares gained the most on New Zealand's Exchange, rising nearly 4% on Monday.Shares of KMD Brands (NZE:KMD, ASX:KMD) rose past 3% in recent trade.Meanwhile, shares of the finance sector fell 1%.Westpac Banking's (NZE:WBC, ASX:WBC)shares fell more than 1% in recent trade.
Consumer durables shares gained the most on New Zealand's Exchange, rising past 2% on Friday.Shares of KMD Brands (NZE:KMD, ASX:KMD) rose past 2% in recent trade.Meanwhile, shares of the commercial services sector fell almost 3%.Livestock Improvement (NZE:LIC) shares fell more than 3% in recent trade.
Consumer durables shares gained the most on New Zealand's Exchange, rising about 2% on Tuesday.Shares of KMD Brands (NZE:KMD, ASX:KMD) rose past 3% in recent trade.Meanwhile, shares of the electronic technology sector fell roughly 2%.ikeGPS Group (NZE:IKE, ASX:IKE) shares fell nearly 2% in recent trade.
KMD Brands (NZE:KMD, ASX:KMD) expects fiscal 2026 sales to be in the range of NZ$1.040 billion to NZ$1.044 billion, up roughly 5% at the midpoint from a year ago, according to a Wednesday filing with the Australian bourse.The company projects annual underlying earnings before interest, taxes, depreciation, and amortization of between NZ$38 million and NZ$41 million, an increase of over 123% at midpoint from the prior year.The outdoor retail company will also wind down operations at its Southeast Asian manufacturing facility over the next 12 months. The divestment is expected to generate net property proceeds of NZ$5 million to NZ$7 million.Sales at its Kathmandu brand have maintained steady improvement during the year, due to strong demand for rainwear, fleece and base layer product lines. Meanwhile, its Rip Curl business continues to be impacted by weaker consumer sentiment in Australia and grown promotional activity from competitors.The company's New Zealand shares were up 2% in recent Wednesday trade.
Non-energy mineral stocks advanced past 3% at midday Monday.Fletcher Building (NZE:FBU, ASX:FBU) shares rose nearly 3% in recent trade.The company on Thursday upgraded its fiscal year 2026 earnings before interest and taxes (EBIT) guidance by around 6.4% to NZ$400 million to NZ$403 million, supported by an estimated NZ$52 million contribution from surplus property sales.Meanwhile, the consumer durables sector fell almost 3%.KMD Brands (NZE:KMD, ASX:KMD) was down nearly 3% in recent trade.
New Zealand shares edged lower on Thursday, while most Asian markets were down following Wall Street's Wednesday sell-off.The S&P/NZX 50 Index fell 0.21% or 28.31 points to close at 13,582.19.On Wednesday, the S&P 500 fell 0.2%, and the Nasdaq Composite lost 0.7%, dragged down by a sell-off in semiconductor shares as the index for chipmakers, PHLX Semiconductor, fell past 6%.Meanwhile, the US and Iran wrapped up a round of indirect talks on Wednesday with little sign of progress toward a lasting peace, instead discussing issues they said had already been settled under an interim agreement announced two weeks earlier, according to a Wednesday Reuters report.In domestic news, New Zealand property values slid in June as Middle East-related tensions spilled over into economic uncertainty, weakening sentiment, Cotality said.Also, New Zealand's seasonally adjusted new dwellings consents fell 4% to 3,661 in May from 3,814 in the previous month, according to Stats NZ data.In corporate news, KMD Brands (ASX:KMD, NZE:KMD) said its 25-for-1 share consolidation, which took effect on Wednesday, has now been completed.
KMD Brands (ASX:KMD, NZE:KMD) said its 25-for-1 share consolidation, which took effect on Wednesday, has now been completed, according to a Thursday filing with the Australian and New Zealand bourses.The company now has a total issued capital of about 72 million shares following the consolidation, per the filing.The shares began trading on the New Zealand Exchange on a normal settlement basis following the consolidation, while on the Australian Securities Exchange they are initially trading under the deferred settlement code "KMDDA" on Thursday, with normal settlement trading under the code "KMD" expected to begin on Friday, the filing added.
New Zealand shares closed flat with a positive bias on Friday as Asian markets followed Thursday's Wall Street losses.The S&P/NZX 50 Index was little changed to close at 13,495.24.On Thursday, the Nasdaq Composite fell about 0.5% as tech giant Apple disclosed price hikes for its MacBook and iPad products."Apple's price increases were a reflection of how the big tech may at some point start to feel the pain of these higher component costs, and that can become a broader ecosystem headwind," said Charu Chanana, chief investment strategist at Saxo, as quoted by Reuters.In domestic news, the Reserve Bank of New Zealand (RBNZ) is expected to hold the official cash rate at 2.25% in the July monetary policy decision, with consecutive 25-basis-point cash rate increases forecast from September and the rate peaking at 3.25% by early 2027, ASB Bank said in a report.Also, New Zealand's house prices have maintained a flat trajectory in recent months, with downward pressure from cautious buyers and sellers pausing activity, ANZ said in a Property Focus report.In corporate news, KMD Brands (ASX:KMD, NZE:KMD) refinanced its debt through NZ$208 million in syndicated sustainability-linked, multi-currency revolving credit facilities.Vista Group International (ASX:VGL, NZE:VGL) entered into a new agreement with cinema operator Cineplexx to migrate its entire circuit to Operational Excellence, the company's full cloud-based platform.
Distribution services shares gained the most on New Zealand's Exchange, rising almost 2% by midday Friday.Shares of Vulcan Steel (NZE:VSL, ASX:VSL) rose nearly 2% in recent trade.Meanwhile, the consumer durables sector fell almost 3%.KMD Brands (NZE:KMD, ASX:KMD) was down almost 3% in recent trade.The company on Friday said it refinanced its debt through NZ$208 million in syndicated sustainability-linked, multi-currency revolving credit facilities.
KMD Brands (ASX:KMD, NZE:KMD) refinanced its debt through NZ$208 million in syndicated sustainability-linked, multi-currency revolving credit facilities, according to a Friday filing with the Australian and New Zealand bourses.The company's new facility, with a term of up to 2.5 years, includes NZ$43 million in tranches due on June 30, 2027, extending its funding through to Oct. 1, 2028, per the filing.The funds are expected to provide sufficient liquidity to meet working capital needs, the filing said.The refinancing supports the company's target leverage of below 0.5 times net debt-to-earnings before interest, taxes, depreciation, and amortization while linking loan pricing to updated environmental, social, and governance targets, the filing added.
KMD Brands (ASX:KMD, NZE:KMD) said it will consolidate its ordinary shares on a 1-for-25 basis, reducing the total number of shares on issue, according to a Wednesday filing with the Australian and New Zealand bourses.The company will consolidate every 25 existing shares held on July 1 into one share, reducing the total shares outstanding to around 72 million from about 1.8 billion, the filing added.
Consumer durables shares gained the most on New Zealand's Exchange, rising nearly 3% on Tuesday.Shares of KMD Brands (NZE:KMD, ASX:KMD) rose almost 3% in recent trade.Meanwhile, shares of the distribution services sector fell roughly 2%.Shares of Steel & Tube Holdings (NZE:STU) were over 1% lower in recent trade.
Non-energy mineral stocks advanced almost 3% at midday Monday.Fletcher Building (NZE:FBU, ASX:FBU) shares rose nearly 3% in recent trade.Meanwhile, the consumer durables sector fell almost 3%.KMD Brands (NZE:KMD, ASX:KMD) was down almost 3% in recent trade.
Consumer services stocks advanced nearly 5% at midday Friday.SkyCity Entertainment Group (NZE:SKC, ASX:SKC) gained almost 15% in recent trade.The company, along with SkyCity Adelaide, has entered into a nonbinding heads of agreement, along with SkyCity Adelaide, with the Commissioner for Liquor and Gambling in South Australia, which provides for a total fine of AU$21 million, according to a Friday Australian bourse filing.On the flip side, the consumer durables sector struggled, shedding almost 3%.KMD Brands (NZE:KMD, ASX:KMD) was down nearly 3% in recent trade.
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