Kathmandu (ASX: KMD) has reported pleasing financial results for the January 2014 half-year
Kathmandu (ASX: KMD) has reported pleasing financial results for the January 2014 half-year. While Kathmandu's store rollout is well on track, it's the company's long-term potential that has us excited. Kathmandu is experiencing considerable success with its small format stores in regional areas, and has increased the network target from 170 to 180 stores in the result. By most accounts, the medium term prospects look sound, but how will the company deliver value in the long term? Management took this opportunity to explain the next growth driver of the business. Unlike other retailers, a store rollout strategy isn't the long-term focus. Rather, it's building Kathmandu into a globally-recognised brand. Read more: (VIEW LINK)
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Roger Montgomery founded Montgomery Investment Management in 2010. Roger has more than three decades of experience in investing, financial markets and analysis. Roger also authored the best-selling investment book, Value.able.
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