Kathmandu flags profit rise on sales boost

Adventure gear retailer Kathmandu has flagged a lift in full-year profit to between $37.4 million and $38 million, from $33.5 million in 2016.

Kathmandu Holdings says full-year profit has risen as much as 13.4 per cent on the back of strong winter sales and improvements in promotions.

The retailer on Thursday said it expects net profit for the full year to July 31, will be between $37.4 million and $38 million, up from $33.5 million in 2016.

Earnings before interest and tax are expected to come in between $56 million and $57 million, with group sales up $19.7 million.